SEC Form 4 · accession 0001127602-17-002783
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 26, 2017
Accepted (ET)
Jan 30, 2017 · 12:29 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 26, 2017 | A | 2,300 | $0.00 | A | 2,300 | 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)F2 | $57.1775 | Jan 26, 2017 | A | 21,700 | A | Jan 26, 2018 | Jan 26, 2027 | Common Stock | 21,700 | 21,700 | D |
Explanation of responses
- F1The Restricted Performance Shares granted in 2014 have vested upon meeting performance criteria.
- F2Options vest ratably over three years beginning one year from date of grant.