SEC Form 4 · accession 0001127602-18-016211
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
May 2, 2018
Accepted (ET)
May 3, 2018 · 4:04 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 | May 2, 2018 | M | 2,000 | $42.33 | A | 2,000 | D | |
| Common StockF1 | May 2, 2018 | S | 2,000 | $56.796 | D | 0 | D | |
| Common Stock | holding | — | — | — | 639 | I | Esop | |
| Common Stock | holding | — | — | — | 8,682 | 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 | $42.33 | May 2, 2018 | M | 2,000 | D | Jan 28, 2017 | Jan 28, 2026 | Common Stock | 2,000 | 14,333 | D |
Explanation of responses
- F1This is a weighted average price of multiple transactions for the same exercised option. The prices ranges from $56.75 to $56.94.
- F2Options vest ratably over three years beginning one year from date of grant.