FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 02/01/2016 |
3. Issuer Name and Ticker or Trading Symbol
WEST CORP [ WSTC ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 56,200 | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Employee Stock Option (right to buy) | (1) | 03/30/2022 | Common Stock | 4,687 | $33.52 | D | |
Employee Stock Option (right to buy) | (2) | 03/30/2022 | Common Stock | 14,062 | $25.52 | D | |
Employee Stock Option (right to buy) | (3) | 07/30/2023 | Common Stock | 10,000 | $22.06 | D | |
Employee Stock Option (right to buy) | (4) | 10/01/2023 | Common Stock | 10,000 | $22.18 | D | |
Employee Stock Option (right to buy) | (5) | 01/02/2024 | Common Stock | 10,000 | $25.28 | D | |
Employee Stock Option (right to buy) | (6) | 04/01/2024 | Common Stock | 10,000 | $24.15 | D | |
Performance-based Restricted Stock Units | (7) | (7) | Common Stock | 15,000(7) | (7) | D |
Explanation of Responses: |
1. These options were granted to the filing person on March 30, 2012 under the Issuer's 2006 Executive Plan and are exercisable. |
2. These options were granted to the filing person on March 30, 2012 under the Issuer's 2006 Executive Incentive Plan. Two thirds of the shares are vested and exercisable. The balance of the shares are scheduled to vest March 30, 2016. |
3. These options were granted to the filing person on July 30, 2013 under the Issuer's Amended and Restated 2013 Long-Term Incentive Plan and are scheduled to vest ratably on each of the first four anniversaries of the grant date. |
4. These options were granted to the filing person on October 1, 2013 under the Issuer's Amended and Restated 2013 Long-Term Incentive Plan and are scheduled to vest ratably on each of the first four anniversaries of the grant date. |
5. These options were granted to the filing person on January 2, 2014 under the Issuer's Amended and Restated 2013 Long-Term Incentive Plan and are scheduled to vest ratably on each of the first four anniversaries of the grant date. |
6. These options were granted to the filing person on April 1, 2014 under the Issuer's Amended and Restated 2013 Long-Term Incentive Plan and are scheduled to vest ratably on each of the first four anniversaries of the grant date. |
7. Performance-based restricted stock units granted under the terms of the West Corporation Amended and Restated 2013 Long-Term Incentive Plan. Each restricted stock unit represents a contingent right to receive between zero and 1.75 shares of West common stock. Under the terms of the restricted stock unit grant, the restricted stock unit is subject to vesting based on the specified performance measure (total shareholder return) during the 3-year period beginning on September 1, 2015 and ending on August 31, 2018. Shares of West common stock will be delivered to the reporting person following the vesting date based on the specified performance measure. |
Remarks: |
/s/ Ronald R. Beaumont (signed by Deneen Shadewald as Power of Attorney for Reporting Person) | 02/09/2016 | |
** 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 5 (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). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |