SEC Form 4 · accession 0001209191-15-069497
WEST CORP · WSTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas B Barker
Officer — Chairman and CEO · Director
Period of report
Sep 2, 2015
Accepted (ET)
Sep 3, 2015 · 5:26 pm EDT
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 | Sep 2, 2015 | F | 49,738 | $24.17 | D | 1,366,091 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects 49,738 shares withheld by the Issuer at the market price of $24.17 per share for a portion of the required withholding taxes associated with the vesting of shares of the Issuer's Common Stock pursuant to the Issuer's Amended and Restated 2013 Long-term Incentive Plan. The Reporting Person agreed to deliver to the Issuer $500,000 to satisfy the balance of the mandatory tax withholding obligation, thereby reducing the shares required to be withheld by 20,687 shares.