SEC Form 4 · accession 0001127602-17-031198
WESTAMERICA BANCORPORATION · WABC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis R Hansen
Officer — SVP/Systems & Operations Mgr.
Period of report
Nov 2, 2017
Accepted (ET)
Nov 3, 2017 · 4:33 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 | Nov 2, 2017 | M | 18,700 | $56.625 | A | 19,721 | D | |
| Common Stock | Nov 2, 2017 | M | 1,300 | $53.35 | A | 21,021 | D | |
| Common Stock | Nov 2, 2017 | S | 18,700 | $58.133 | D | 2,321 | D | |
| Common Stock | Nov 2, 2017 | S | 1,300 | $58.133 | D | 1,021 | D | |
| Common Stock | holding | — | — | — | 14,780 | I | Deferred | |
| Common Stock | holding | — | — | — | 29,588 | 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) | $56.625 | Nov 2, 2017 | M | 18,700 | D | Jan 28, 2011 | Jan 28, 2020 | Common Stock | 18,700 | 0 | D |
| Non-qualified Stock Option (Right to Buy)F1 | $53.35 | Nov 2, 2017 | M | 1,300 | D | Jan 23, 2015 | Jan 23, 2024 | Common Stock | 1,300 | 0 | D |
Explanation of responses
- F1Options vest ratably over three years beginning one year from date of grant.