SEC Form 4 · accession 0001127602-19-002635
WESTAMERICA BANCORPORATION · WABC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George S Ensinger
Officer — SVP/Human Resources Div. Mgr
Period of report
Jan 23, 2019
Accepted (ET)
Jan 24, 2019 · 4:29 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 StockF1 | Jan 23, 2019 | M | 3,000 | $42.33 | A | 3,219 | D | |
| Common StockF1,F2 | Jan 23, 2019 | S | 3,000 | $62.3274 | D | 219 | D |
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)F3 | $42.33 | Jan 23, 2019 | M | 3,000 | D | Jan 30, 2017 | Jan 28, 2026 | Common Stock | 3,000 | 9,000 | D |
Explanation of responses
- F1Includes shares from dividend reinvestment.
- F2This is a weighted average price of multiple transactions for the same exercised option. The prices ranges from $62.28 to $62.37
- F3Options vest ratably over three years beginning one year from date of grant.