SEC Form 4 · accession 0001209191-15-011331
WEST CORP · WSTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Treinen
Officer — EVP-Corp Dev & Planning
Period of report
Feb 6, 2015
Accepted (ET)
Feb 10, 2015 · 4:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001024657
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 9, 2015 | M | 1,599 | $33.14 | A | 85,521 | D | |
| Common StockF2 | Feb 9, 2015 | F | 480 | $33.14 | D | 85,041 | D | |
| Common StockF3 | Feb 9, 2015 | D | 0 | $33.14 | D | 85,041 | D | |
| Common Stock | holding | — | — | — | 80,181 | I | By David J. Treinen Revocable Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock UnitsF4 | — | Feb 6, 2015 | A | 7,115 | A | — | — | Common Stock | 7,115 | 143,219 | D |
| Stock UnitsF5 | — | Feb 9, 2015 | M | 1,599 | D | — | — | Common Stock | 1,599 | 141,620 | D |
Explanation of responses
- F1Shares were issued as a distribution in respect of stock units granted under the Issuer's Nonqualified Deferred Compensation Plan.
- F2Reflects 479.762 shares withheld by the Issuer at the market price of $33.14 per share for the required withholding taxes associated with the distribution of shares of the Issuer's Common Stock pursuant to the Issuer's Nonqualified Deferred Compensation Plan.
- F3Reflects cash paid in lieu of fractional share.
- F4These stock units were granted under the Issuer's Nonqualified Deferred Compensation Plan (the "Plan") and represent notional equity interests in the Issuer credited to the filing person's deferred compensation account. Each stock unit is the economic equivalent of one share of the Issuer's Common Stock. The Issuer matches 50% of any amounts invested in stock units, subject to vesting as set forth in the Plan. These stock units become payable, through the issuance of shares of the Issuer's Common Stock (or the cash equivalent thereof), on the date specified by the filing person, which can be no earlier than five years following the year of deferral associated with such stock units or, if earlier, six months after the date the filing person separates from service with the Issuer or the date of death of the filing person.
- F5Stock units represent notional equity interests in the Issuer credited to the reporting person's deferred compensation account. Each stock unit is the economic equivalent of one share of the Issuer's Common Stock. These stock units become payable, through the issuance of shares of the Issuer's Common Stock (or the cash equivalent thereof), on the date specified by the reporting person, which can be no earlier than five years following the year of deferral associated with such stock units or, if earlier, six months after the date the reporting person separates from service with the Issuer or the date of death of the reporting person.