SEC Form 4 · accession 0001127602-15-002796
WESTAMERICA BANCORPORATION · WABC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David L Robinson
Officer — SVP/Banking Division Manager
Period of report
Jan 22, 2015
Accepted (ET)
Jan 26, 2015 · 4:16 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 StockF1,F2 | Jan 26, 2015 | A | 2,690 | $0.00 | A | 2,878 | D | |
| Common Stock | holding | — | — | — | 19,140 | I | Deferred | |
| Common Stock | holding | — | — | — | 1,545 | 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)F3 | $42.695 | Jan 22, 2015 | A | 26,600 | A | Jan 22, 2016 | Jan 22, 2025 | Common Stock | 26,600 | 26,600 | D |
Explanation of responses
- F1The Restricted Performance Shares granted in 2012 have vested upon meeting performance criteria.
- F2Includes shares from dividend reinvestment and from purchases through a stock purchase plan that are exempt through Rule 16b-3(c).
- F3Options vest ratably over three years beginning one year from date of grant.