SEC Form 4 · accession 0001127602-17-002456
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 24, 2017
Accepted (ET)
Jan 26, 2017 · 1:30 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 | Jan 24, 2017 | M | 400 | $50.76 | A | 400 | D | |
| Common Stock | Jan 24, 2017 | S | 400 | $56.99 | D | 0 | D | |
| Common Stock | Jan 24, 2017 | M | 1,200 | $42.695 | A | 1,200 | D | |
| Common Stock | Jan 24, 2017 | S | 1,200 | $56.7515 | D | 0 | D | |
| Common Stock | Jan 25, 2017 | M | 20,800 | $50.76 | A | 20,800 | D | |
| Common Stock | Jan 25, 2017 | S | 20,800 | $56.9995 | D | 0 | D | |
| Common Stock | Jan 25, 2017 | M | 21,800 | $53.35 | A | 21,800 | D | |
| Common Stock | Jan 25, 2017 | S | 21,800 | $57.1969 | D | 0 | D | |
| Common Stock | Jan 25, 2017 | M | 7,600 | $42.695 | A | 7,600 | D | |
| Common Stock | Jan 25, 2017 | S | 7,600 | $56.8249 | D | 0 | D | |
| Common Stock | holding | — | — | — | 415 | I | as UGMA | |
| Common Stock | holding | — | — | — | 415 | I | as UGMA | |
| Common Stock | holding | — | — | — | 118 | I | Esop | |
| Common Stock | holding | — | — | — | 7,152 | I | By Trust |
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)F1 | $50.76 | Jan 24, 2017 | M | 400 | D | Jan 27, 2012 | Jan 27, 2021 | Common Stock | 400 | 20,800 | D |
| Non-qualified Stock Option (Right to Buy)F1 | $42.695 | Jan 24, 2017 | M | 1,200 | D | Jan 22, 2016 | Jan 22, 2025 | Common Stock | 1,200 | 16,400 | D |
| Non-qualified Stock Option (Right to Buy)F1 | $50.76 | Jan 25, 2017 | M | 20,800 | D | Jan 27, 2012 | Jan 27, 2021 | Common Stock | 20,800 | 0 | D |
| Non-qualified Stock Option (Right to Buy)F1 | $53.35 | Jan 25, 2017 | M | 21,800 | D | Jan 23, 2015 | Jan 23, 2024 | Common Stock | 21,800 | 0 | D |
| Non-qualified Stock Option (Right to Buy)F1 | $42.695 | Jan 25, 2017 | M | 7,600 | D | Jan 22, 2016 | Jan 22, 2025 | Common Stock | 7,600 | 8,800 | D |
Explanation of responses
- F1Options vest ratably over three years beginning one year from date of grant.