SEC Form 3 · accession 0000914760-15-000167
WESTELL TECHNOLOGIES INC · WSTL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick J. McDonough Jr.
10% Owner
Period of report
Apr 30, 2015
Accepted (ET)
May 7, 2015 · 3:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001002135
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | holding | — | — | — | 135 | D | ||
| Class B Common StockF1 | holding | — | — | — | 311,280 | D | ||
| Class B Common StockF1,F2 | holding | — | — | — | 447,386 | I | Voting Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Holders 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.
- F2The shares of Class B Common Stock listed are held pursuant to a Voting Trust Agreement dated February 23, 1994, as amended (the "Voting Trust"), among Robert C. Penny, III, Robert W. Foskett and Patrick J. McDonough, Jr., as co-trustees, and certain members of the Penny family. The Voting Trust contains 447,386 shares of Class B Common Stock held for the benefit of Mr. McDonough.