A. Thorson - Jan 25, 2024 Form 4 Insider Report for WESTAMERICA BANCORPORATION (WABC)

Role
SVP/CFO
Signature
/s/John "Robert" A. Thorson
Stock symbol
WABC
Transactions as of
Jan 25, 2024
Transactions value $
$1,128,190
Form type
4
Date filed
1/26/2024, 07:57 PM
Previous filing
Mar 3, 2023
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WABC Common Stock Award $0 +2.17K $0.00 2.17K Jan 25, 2024 Direct F1
holding WABC Common Stock 1.28K Jan 25, 2024 Esop
holding WABC Common Stock 13.8K Jan 25, 2024 By Trust

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 $1.13M +22.7K $49.70 22.7K Jan 25, 2024 Common Stock 22.7K $49.70 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 2021 have vested upon meeting performance criteria.
F2 Options vest ratably over three years beginning one year from date of grant.