SEC Form 4 · accession 0001127602-15-002700
WESTAMERICA BANCORPORATION · WABC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John A Thorson
Officer — SVP/Chief Financial Officer
Period of report
Jan 22, 2015
Accepted (ET)
Jan 26, 2015 · 12:49 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000311094
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 23, 2014 | G | 25 | $49.31 | A | 7,152 | I | By Trust |
| Common StockF1 | Jan 26, 2015 | A | 2,680 | $0.00 | A | 2,680 | D | |
| Common Stock | holding | — | — | — | 415 | I | as UGMA | |
| Common Stock | holding | — | — | — | 415 | I | as UGMA | |
| Common Stock | holding | — | — | — | 0 | I | Deferred | |
| Common Stock | holding | — | — | — | 707 | I | Esop |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Option (Right to Buy)F2 | $42.695 | Jan 22, 2015 | A | 26,400 | A | Jan 22, 2016 | Jan 22, 2025 | Common Stock | 26,400 | 26,400 | D |
Explanation of responses
- F1The Restricted Performance Shares granted in 2012 have vested upon meeting performance criteria.
- F2Options vest ratably over three years beginning one year from date of grant.