SEC Form 4/A · accession 0001209191-16-097091
WEST CORP · WSTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
David Treinen
Officer — EVP-Corp Dev & Planning
Period of report
Feb 2, 2016
Accepted (ET)
Feb 9, 2016 · 7:22 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,F2 | Feb 2, 2016 | M | 10,413 | $19.52 | A | 104,430 | D | |
| Common StockF2,F3 | Feb 2, 2016 | F | 3,124 | $19.52 | D | 101,306 | D | |
| Common StockF2,F4 | Feb 2, 2016 | D | 0 | $19.52 | D | 101,306 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock UnitsF2,F5 | — | Feb 2, 2016 | M | 10,413 | D | — | — | Common Stock | 10,413 | 141,650 | D |
Explanation of responses
- F1Shares were issued as a distribution in respect of stock units granted under the Issuer's Nonqualified Deferred Compensation Plan.
- F2Form 4 has been amended to correct a miscalculation in the number of shares distributed in respect of stock units under the Issuer's Nonqualified Deferred Compensation Plan, which results in a corresponding adjustment to the number of shares withheld for the required withholding taxes and the cash paid in lieu of fractional shares as well as the amount of securities held following the applicable transactions.
- F3Reflects 3123.9759 shares withheld by the Issuer at the market price of $19.52 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.
- F4Reflects cash paid in lieu of fractional share.
- 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.