SEC Form 4 · accession 0001127602-17-030376
WESTAMERICA BANCORPORATION · WABC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James J Schneck
Officer — VP/General Auditor
Period of report
Oct 26, 2017
Accepted (ET)
Oct 27, 2017 · 2:10 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 | Oct 26, 2017 | M | 6,000 | $43.015 | A | 6,025 | D | |
| Common StockF1 | Oct 26, 2017 | S | 6,000 | $58.8582 | D | 25 | D | |
| Common Stock | holding | — | — | — | 932 | 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 | $43.015 | Oct 26, 2017 | M | 6,000 | D | Jan 21, 2010 | Jan 21, 2019 | Common Stock | 6,000 | 0 | D |
Explanation of responses
- F1This is a weighted average price of multiple transactions for the same option. The sale price ranges from $58.79 to $59.00.
- F2These options vest ratably over three years beginning one year from date of grant.