WESTELL TECHNOLOGIES, INC. (NASDAQ:WSTL) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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WESTELL TECHNOLOGIES, INC. (NASDAQ:WSTL) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

WESTELL TECHNOLOGIES, INC. (NASDAQ:WSTL) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

On September 17, 2019, the stockholders of Westell Technologies, Inc. (the “Company”) approved the Westell Technologies, Inc. 2019 Omnibus Incentive Compensation Plan (the “2019 Plan”).
The 2019 Plan is intended to constitute a stock-based and cash incentive plan for the Company, and includes provisions by which the Company may grant directors and key employees stock options, stock appreciation rights, restricted stock awards, restricted stock unit awards, performance share awards, other equity awards and cash incentive awards, as described in the Company’s Definitive Proxy Statement for its 2019 Annual Meeting of Stockholders, which was filed with the Securities and Exchange Commission on July 26, 2019 (the “2019 Proxy Statement”).
The foregoing description of the 2019 Plan is not complete and is qualified in its entirety by the full text of the 2019 Plan, which was included as Annex A to the 2019 Proxy Statement and is incorporated herein by reference.
ITEM 5.07. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
The Annual Meeting of Stockholders (the “Annual Meeting”) of the Company was held on September 17, 2019. At the Annual Meeting, the stockholders voted on the following four proposals and cast their votes as described below.
Proposal 1-Election of Directors:
Each person duly elected at the Annual Meeting to serve as a director until the Company’s 2020 Annual Meeting of Stockholders received the number of votes indicated beside his or her name below.
Proposal 2-Approval of the Westell Technologies, Inc. 2019 Omnibus Incentive Compensation Plan. This proposal was approved.
Proposal 3-Ratification of the appointment of Grant Thornton LLP, independent auditors, as auditors for the fiscal year ending March 31, 2020. This proposal was approved.
Proposal 4-Advisory Vote to approve Executive Compensation, as described in the proxy materials. This proposal was approved.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits
About WESTELL TECHNOLOGIES, INC. (NASDAQ:WSTL)

Westell Technologies, Inc. is a provider of in-building wireless, intelligent site management, cell site optimization and outside plant solutions. The Company’s set of products and solutions are designed to manage network performance for carriers, integrators and other network operators. The Company operates in two segments: In-Building Wireless (IBW) and Communication Solutions Group (CSG). The Company’s segments are engaged in the design, development, assembly, and marketing of a range of products and solutions. The IBW segment solutions include distributed antenna systems (DAS) conditioners, digital repeaters and bi-directional amplifiers (BDAs), and system components and antennas, all used by wireless service providers and third-party hosts to fine tune radio frequency (RF) signals. The Company’s intelligent site management solutions include a suite of remote monitoring and control devices.