SEC Form 4 · accession 0001209191-17-056763
WEST CORP · WSTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert P. Shields
Officer — Chief Accounting Officer
Period of report
Oct 10, 2017
Accepted (ET)
Oct 12, 2017 · 5:18 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 | Oct 10, 2017 | D | 13,002 | $23.50 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $25.52 | Oct 10, 2017 | D | 5,625 | D | — | Mar 30, 2022 | Common Stock | 5,625 | 0 | D |
| Stock Option (Right to Buy)F2 | $33.52 | Oct 10, 2017 | D | 1,875 | D | — | Mar 30, 2022 | Common Stock | 1,875 | 0 | D |
Explanation of responses
- F1Represents shares of common stock that were cancelled and converted into the right to receive $23.50 per share pursuant to the merger agreement among the Issuer, Mount Olympus Holdings, Inc. and Olympus Merger Sub, Inc., dated as of May 9, 2017 (the "Merger Agreement"). The right to receive the merger consideration with respect to 2,719 of the shares remains subject to certain vesting conditions.
- F2Pursuant to the Merger Agreement, this option was cancelled as of October 10, 2017 in exchange for no consideration.