Filing Details

Accession Number:
0001209191-17-023203
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-03-28 19:30:57
Reporting Period:
2017-03-24
Filing Date:
2017-03-28
Accepted Time:
2017-03-28 19:30:57
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1024657 West Corp WSTC Services-Business Services, Nec (7389) 470777362
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1572427 J. Rodney Kempkes West Corporation
11808 Miracle Hills Drive
Omaha NE 68154
Chief Administrative Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2017-03-24 9,280 $0.00 68,474 No 4 A Direct
Common Stock Disposition 2017-03-27 2,780 $23.94 65,694 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Performance-based Restricted Stock Units Acquisiton 2017-03-24 13,920 $0.00 13,920 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
43,920 No 4 A Direct
Footnotes
  1. Restricted stock granted under the terms of the West Corporation Amended and Restated 2013 Long-Term Incentive Plan. Under the terms of the restricted stock grant, the restricted stock vests as to one-fourth of the shares on each of the first four anniversary dates of March 1, 2017.
  2. These shares were sold pursuant to a pre-arranged trading plan in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.77 to$24.07, inclusive. The reporting person undertakes to provide to West Corporation, any security holder of West Corporation, or the staff of theSecurities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within therange set forth in footnote (3) to this Form 4.
  4. Performance-based restricted stock units granted under the terms of the West Corporation 2013 Amended and Restated Long-Term Incentive Plan. Each restricted stock unit represents a contingent right to receive between zero and 1.75 shares of West common stock. Under the terms of the restricted stock unit grant, the restricted stock unit is subject to vesting based on the specified performance measure (total shareholder return) during the 3-year period beginning on March 1, 2017 and ending on February 29, 2020. Shares of West common stock will be delivered to the reporting person following the vesting date based on the specified performance measure.