SEC Form 4 · accession 0001127602-16-050012
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
Apr 25, 2016
Accepted (ET)
Apr 27, 2016 · 3:18 pm EDT
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 | Apr 25, 2016 | S | 1,499 | $50.162 | D | 40 | D | |
| Common StockF1 | Apr 25, 2016 | M | 3,333 | $45.93 | A | 3,373 | D | |
| Common StockF1 | Apr 25, 2016 | S | 3,333 | $50.1879 | D | 40 | D | |
| Common StockF1 | Apr 25, 2016 | M | 24,800 | $43.71 | A | 24,840 | D | |
| Common StockF1 | Apr 25, 2016 | S | 24,800 | $50.1879 | D | 40 | D | |
| Common StockF1 | Apr 25, 2016 | M | 8,867 | $42.695 | A | 8,907 | D | |
| Common StockF1 | Apr 25, 2016 | S | 8,867 | $50.1879 | D | 40 | D | |
| Common StockF1 | Apr 26, 2016 | M | 11,175 | $48.39 | A | 11,215 | D | |
| Common StockF1 | Apr 26, 2016 | S | 11,175 | $50.2337 | D | 40 | D | |
| Common StockF1 | Apr 26, 2016 | M | 23,286 | $47.13 | A | 23,326 | D | |
| Common StockF1 | Apr 26, 2016 | S | 23,286 | $50.2337 | D | 40 | D | |
| Common StockF1 | Apr 26, 2016 | M | 18,467 | $45.93 | A | 18,507 | D | |
| Common StockF1 | Apr 26, 2016 | S | 18,467 | $50.2337 | D | 40 | D | |
| Common Stock | holding | — | — | — | 19,140 | I | Deferred | |
| Common Stock | holding | — | — | — | 1,790 | 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 | $45.93 | Apr 25, 2016 | M | 3,333 | D | Jan 26, 2013 | Jan 26, 2022 | Common Stock | 3,333 | 18,467 | D |
| Non-qualified Stock Option (Right to Buy)F2 | $43.71 | Apr 25, 2016 | M | 24,800 | D | Jan 24, 2014 | Jan 24, 2023 | Common Stock | 24,800 | 0 | D |
| Non-qualified Stock Option (Right to Buy)F2 | $42.695 | Apr 25, 2016 | M | 8,867 | D | Jan 22, 2016 | Jan 22, 2025 | Common Stock | 8,867 | 17,733 | D |
| Non-qualified Stock Option (Right to Buy)F2 | $48.39 | Apr 26, 2016 | M | 11,175 | D | Jan 25, 2008 | Jan 25, 2017 | Common Stock | 11,175 | 0 | D |
| Non-qualified Stock Option (Right to Buy)F2 | $47.13 | Apr 26, 2016 | M | 23,286 | D | Jan 24, 2009 | Jan 24, 2018 | Common Stock | 23,286 | 0 | D |
| Non-qualified Stock Option (Right to Buy)F2 | $45.93 | Apr 26, 2016 | M | 18,467 | D | Jan 26, 2013 | Jan 26, 2022 | Common Stock | 18,467 | 0 | D |
Explanation of responses
- F1Includes shares from dividend reinvestment and from purchases through a stock purchase plan that are exempt through Rule 16b-3(c).
- F2Options vest ratably over three years beginning one year from date of grant.