SEC Form 4 · accession 0001127602-17-002338
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 23, 2017
Accepted (ET)
Jan 25, 2017 · 3:38 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 | Jan 23, 2017 | M | 21,300 | $50.76 | A | 21,377 | D | |
| Common StockF1 | Jan 23, 2017 | S | 21,300 | $56.3176 | D | 77 | D | |
| Common StockF1 | Jan 23, 2017 | M | 8,866 | $42.695 | A | 8,943 | D | |
| Common StockF1 | Jan 23, 2017 | S | 8,866 | $56.5521 | D | 77 | D | |
| Common StockF1 | Jan 23, 2017 | S | 80 | $57.46 | D | 0 | D | |
| Common Stock | holding | — | — | — | 19,140 | I | Deferred | |
| Common Stock | holding | — | — | — | 1,920 | 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 | $50.76 | Jan 23, 2017 | M | 21,300 | D | Jan 27, 2012 | Jan 27, 2021 | Common Stock | 21,300 | 0 | D |
| Non-qualified Stock Option (Right to Buy)F2 | $42.695 | Jan 23, 2017 | M | 8,866 | D | Jan 22, 2016 | Jan 22, 2025 | Common Stock | 8,866 | 8,867 | 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.