SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
LAVIN MARK V

(Last) (First) (Middle)
WEST CORPORATION
11808 MIRACLE HILLS DRIVE

(Street)
OMAHA NE 68154

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
WEST CORP [ WSTC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Pres - Operator Telesvcs
3. Date of Earliest Transaction (Month/Day/Year)
08/22/2003
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/22/2003 M 50,000 A $9.6875 51,100 D
Common Stock 08/22/2003 S 50,000 D $25.3805 1,100 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Exercise Stock Options (Right to Buy) $9.6875 08/22/2003 M 50,000 (1) 12/14/2008 Common Stock 50,000 (2) 273,572 D
Stock Units (3) 08/22/2003 A 91.18 (3) 01/01/2009 Common Stock 91.18 $25.46 1,826.73 D
Explanation of Responses:
1. Of the 50,000 stock options exercised on 8/22/03, 14,700 were exercisable on 01/01/02, 400 were exercisable on 01/01/03 and 34,900 were exercisable on 06/02/03.
2. The stock options were granted pursuant to West Corporation's 1996 Stock Incentive Plan.
3. Stock Units will be settled upon the earlier of January 1, 2009 or upon the reporting person's termination of employment. Securities will be converted to common stock on a one-for-one basis. NOTE: 50% match (30.39 shares) vest 20% per year for five years pursuant to West Corporation's Non Qualified Deferred Compensation Plan.
Mark. V. Lavin 08/26/2003
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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