Filing Details

Accession Number:
0001242424-13-000002
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-11-13 15:05:46
Reporting Period:
2013-11-11
Filing Date:
2013-11-13
Accepted Time:
2013-11-13 15:05:46
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1002135 Westell Technologies Inc WSTL Telephone & Telegraph Apparatus (3661) 363154957
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1242424 Iii C Robert Penny 750 North Commons Drive
Aurora IL 60504
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2013-11-11 16,000 $4.00 44,000 No 4 S Direct
Class A Common Stock Disposition 2013-11-12 8,523 $3.90 35,477 No 4 S Direct
Class A Common Stock Disposition 2013-11-13 10,477 $3.90 25,000 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class B Common Stock 4,832,131 Indirect Voting Trust
Footnotes
  1. The price represents the sales price for multiple transactions reported on this line. Upon request of the SEC staff, the issuer or a stockholder, the reporting entity will provide full information regarding the number of shares sold at each transaction.
  2. The price represents the weighted-average sales price for multiple transactions reported on this line. The prices of the transactions range from $3.90 to $4.00. Upon request of the SEC staff, the issuer or a stockholder, the reporting entity will provide full information regarding the number of shares sold at each separate price.
  3. The price represents the weighted-average sales price for multiple transactions reported on this line. The prices of the transactions range from $3.90 to $3.9003. Upon request of the SEC staff, the issuer or a stockholder, the reporting entity will provide full information regarding the number of shares sold at each separate price.
  4. Holders of Class B Common Stock have four votes per share and holders of Class A Common Stock have one vote per share. Class B Common Stock is transferable only to certain transferees and is convertible into Class A Common Stock on a share-for-share basis.
  5. Includes 3,846,492 shares of Class B Common Stock that are held pursuant to a Voting Trust Agreement dated February 23, 1994, as amended (the "Voting Trust"), among Robert C. Penny III and Robert W. Foskett, as co-trustees, and certain members of the Penny family. Also includes 985,639 shares of Class B Common Stock held in trusts for which the Reporting Person's children are beneficiaries.