SEC Form 4 · accession 0001127602-17-015763
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
Apr 25, 2017
Accepted (ET)
Apr 27, 2017 · 5:27 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 Stock | Apr 25, 2017 | M | 8,332 | $56.625 | A | 8,332 | D | |
| Common Stock | Apr 25, 2017 | S | 8,332 | $58.50 | D | 0 | D | |
| Common Stock | holding | — | — | — | 415 | I | as UGMA | |
| Common Stock | holding | — | — | — | 318 | 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 | $56.625 | Apr 25, 2017 | M | 8,332 | D | Jan 28, 2011 | Jan 28, 2020 | Common Stock | 8,332 | 12,468 | D |
Explanation of responses
- F1Options vest ratably over three years beginning one year from date of grant.