West Corporation
WEST CORP (Form: 4, Received: 02/10/2006 12:15:25)
FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

SLOMA GREGORY T
2. Issuer Name and Ticker or Trading Symbol

WEST CORP [ WSTC ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

SPEEDNET SERVICES, INC., 12809 WEST DODGE ROAD, SUITE 310
3. Date of Earliest Transaction (MM/DD/YYYY)

2/8/2006
(Street)

OMAHA, NE 68154
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   2/8/2006     S    400   D $42.67   1450   (1) I   Owned by Children  
Common Stock   2/8/2006     S    100   D $42.80   1350   (1) I   Owned by Children  
Common Stock   2/8/2006     S    300   D $42.83   1050   (1) I   Owned by Children  
Common Stock   2/8/2006     M    1479   A $9.69   2529   D    
Common Stock   2/8/2006     S    1479   D $42.54   1050   D    
Common Stock   2/8/2006     M    521   A $9.69   1571   D    
Common Stock   2/8/2006     S    521   D $42.43   1050   D    
Common Stock   2/8/2006     M    2000   A $9.69   3050   D    
Common Stock   2/8/2006     S    2000   D $42.54   1050   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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
Stock Units     (2) 2/8/2006        1998.13         (2) 1/1/2012   Common Stock   1998.13   $42.79   7294.29   D    
Exercise Stock Options (Rt to Buy)   $9.69   2/8/2006           1479      (3) 12/14/2008   Common Stock   1479     (4) 45521   D    
Exercise Stock Options (Rt to Buy)   $9.69   2/8/2006           521    12/14/2000   12/14/2008   Common Stock   521     (4) 45000   D    
Exercise Stock Options (Rt to Buy)   $9.69   2/8/2006           2000      (5) 12/14/2008   Common Stock   2000     (4) 43000   D    

Explanation of Responses:
( 1)  The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
( 2)  Stock Units will be settled upon the earlier of January 1, 2012 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 (666.04 shares) vest 20% per year for five years pursuant to West Corporation's Non Qualified Deferred Compensation Plan.
( 3)  Of the 1,479 options exercised, 1,000 vested on 12/14/1999 and 479 vested on 12/14/2000.
( 4)  The stock options were granted pursuant to the Restated West Corporation 1996 Stock Incentive Plan.
( 5)  Of the 2,000 options exercised, 1,000 vested on 12/14/2001 and 1,000 vested on 12/14/2002.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
SLOMA GREGORY T
SPEEDNET SERVICES, INC.
12809 WEST DODGE ROAD, SUITE 310
OMAHA, NE 68154
X


Signatures
/s/ Gregory T. Sloma 2/10/2006
** 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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