Filing Details
- Accession Number:
- 0001210390-12-000001
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-01-30 16:43:51
- Reporting Period:
- 2012-01-27
- Filing Date:
- 2012-01-30
- Accepted Time:
- 2012-01-30 16:43:51
- 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 |
|---|---|---|---|---|---|---|---|
| 1210390 | S Richard Gilbert | 750 N. Commons Drive Aurora IL 60504 | Chief Executive Officer | Yes | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Disposition | 2012-01-27 | 49,185 | $2.21 | 90,632 | No | 4 | S | Indirect | By Gilbert Revocable Trust |
| Class A Common Stock | Acquisiton | 2012-01-30 | 17,700 | $0.30 | 686,700 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2012-01-30 | 17,700 | $0.00 | 669,000 | No | 4 | G | Direct | |
| Class A Common Stock | Acquisiton | 2012-01-30 | 17,700 | $0.00 | 108,332 | No | 4 | G | Indirect | By Gilbert Revocable Trust |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | By Gilbert Revocable Trust |
| No | 4 | M | Direct | |
| No | 4 | G | Direct | |
| No | 4 | G | Indirect | By Gilbert Revocable Trust |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Employee Incentive Stock Option | Disposition | 2012-01-30 | 17,700 | $0.00 | 17,700 | $0.30 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 345,800 | 2016-02-23 | No | 4 | M | Direct |
Footnotes
- The price represents the weighted-average sales price for multiple transactions reported on this line. The prices of the transactions range from $2.2032 to $2.21. Upon request of the SEC staff, the issuer or a stock holder, the reporting person will provide full information regarding the number of shares sold at each separate price.
- Mr. Gilbert is co-trustee to the Gilbert Revocable Trust.
- Options were originally granted on 2/23/2009 and vest in equal installments of 25% per year from the date of grant.
- The transaction involved a contribution of securities by the reporting person into the Gilbert Revocable Trust for with Mr. Gilbert is co-trustee.
Billionaire Hedge Funds
