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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(Print or Type Responses)
1. Name and Address of Reporting Person *
  MORAN MICHAEL T
2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2017
3. Issuer Name and Ticker or Trading Symbol
WESTELL TECHNOLOGIES INC [WSTL]
(Last)
(First)
(Middle)
750 N COMMONS DRIVE
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SVP, IBW
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

AURORA, IL 60504
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
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)
Class A Common Stock 325,916 (1)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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 of Derivative Security: 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   (2) 04/20/2022 Class A Common Stock 15,000 $ 1.35 D  
Employee Stock Option   (3) 09/18/2022 Class A Common Stock 15,000 $ 1.175 D  
Employee Stock Option   (4) 10/23/2022 Class A Common Stock 45,000 $ 1.13 D  
Employee Stock Option   (5) 04/01/2023 Class A Common Stock 145,000 $ 1.16 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MORAN MICHAEL T
750 N COMMONS DRIVE
AURORA, IL 60504
      SVP, IBW  

Signatures

/s/ Jeniffer Jaynes, by power of attorney 01/09/2017
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Includes 260,001 unvested restricted stock units (RSUs) and 52,105 unvested performance-based RSUs. Upon vesting, the RSUs convert into shares of Class A Common Stock on a one-for-one basis.
(2) On April 20, 2015, Mr. Moran received an award of non-qualified stock options pursuant to the 2004 Stock Incentive Plan. The options vest 25% annually beginning on April 20, 2016 and for each of the following three years concluding on April 20, 2019.
(3) On September 18, 2015, Mr. Moran received an award of non-qualified stock options pursuant to the 2015 Omnibus Incentive Compensation Plan. The options vest 33% annually beginning on September 18, 2016 and for each of the following two years concluding on September 18, 2018.
(4) On October 23, 2015, Mr. Moran received an award of non-qualified stock options pursuant to the 2015 Omnibus Incentive Compensation Plan. The options vest 33% annually beginning on October 23, 2016 and for each of the following two years concluding on October 23, 2018.
(5) On April 1, 2016, Mr. Moran received an award of non-qualified stock options pursuant to the 2015 Omnibus Incentive Compensation Plan. The options vest 33% annually beginning on April 1, 2017 and for each of the following two years concluding on April 1, 2019.

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