SEC Form 4 · accession 0001127602-17-003474
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 30, 2017
Accepted (ET)
Feb 2, 2017 · 12:04 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 30, 2017 | M | 2,000 | $42.33 | A | 4,300 | D | |
| Common Stock | Jan 30, 2017 | S | 2,000 | $56.85 | D | 2,300 | D | |
| Common Stock | Jan 31, 2017 | M | 2,121 | $42.33 | A | 4,421 | D | |
| Common Stock | Jan 31, 2017 | S | 2,121 | $56.8597 | D | 2,300 | D | |
| Common Stock | Feb 1, 2017 | M | 5,046 | $42.33 | A | 7,346 | D | |
| Common Stock | Feb 1, 2017 | S | 5,046 | $56.6205 | D | 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)F1 | $42.33 | Jan 30, 2017 | M | 2,000 | D | Jan 28, 2017 | Jan 28, 2026 | Common Stock | 2,000 | 25,500 | D |
| Non-qualified Stock Option (Right to Buy)F1 | $42.33 | Jan 31, 2017 | M | 2,121 | D | Jan 28, 2017 | Jan 28, 2026 | Common Stock | 2,121 | 23,379 | D |
| Non-qualified Stock Option (Right to Buy)F1 | $42.33 | Feb 1, 2017 | M | 5,046 | D | Jan 28, 2017 | Jan 28, 2026 | Common Stock | 5,046 | 18,333 | D |
Explanation of responses
- F1Options vest ratably over three years beginning one year from date of grant.