Brian J. Donohoe - 26 Jan 2023 Form 4 Insider Report for WESTAMERICA BANCORPORATION (WABC)

Role: SVP/Operations and Systems Mgr
Signature: /s/Jesse Leavitt, attorney-in-fact for Mr. Donohoe
Issuer symbol: WABC
Transactions as of: 26 Jan 2023
Net transactions value: +$1,076,118
Form type: 4
Filing time: 30 Jan 2023, 15:03:48 UTC
Previous filing: 31 Jan 2022
Next filing: 03 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WABC	Common Stock	Award	$0	+1,260	+5769%	$0.000000	1,282	26 Jan 2023	Direct	F1
holding	WABC	Common Stock						1,069	26 Jan 2023	ESOP

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	WABC	Non-qualified Stock Option (Right to Buy)	Award	$1,076,118	+19,400		$55.47	19,400	26 Jan 2023	Common Stock	19,400	$55.47	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Restricted Performance Shares granted in 2020 have vested upon meeting performance criteria.
F2	Options vest ratably over three years beginning one year from date of grant.