SEC Form 4 · accession 0001127602-19-003009
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
Jan 28, 2019
Accepted (ET)
Jan 30, 2019 · 12:50 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 28, 2019 | S | 9,167 | $61.6906 | D | 2,930 | D | |
| Common Stock | Jan 28, 2019 | M | 9,167 | $42.33 | A | 12,097 | D | |
| Common Stock | holding | — | — | — | 0 | I | as UGMA | |
| Common Stock | holding | — | — | — | 0 | I | as UGMA | |
| Common Stock | holding | — | — | — | 0 | I | Deferred | |
| Common Stock | holding | — | — | — | 107 | 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 | Jan 28, 2019 | M | 9,167 | D | Jan 28, 2017 | Jan 28, 2026 | Common Stock | 9,167 | 0 | D |
Explanation of responses
- F1This is a weighted average price of multiple transactions for the same exercised option. The prices ranges from $61.24 to 62.06.
- F2Options vest ratably over three years beginning one year from date of grant.