DAVID D. NELSON - 21 Mar 2022 Form 4 Insider Report for WEST BANCORPORATION INC (WTBA)

Signature
/s/ Jane Funk, By Power of Attorney
Issuer symbol
WTBA
Transactions as of
21 Mar 2022
Net transactions value
$0
Form type
4
Filing time
22 Mar 2022, 16:32:50 UTC
Previous filing
24 Feb 2022
Next filing
27 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WTBA COMMON STOCK Award $0 +15,000 +16% $0.000000 111,547 21 Mar 2022 Direct F1
holding WTBA COMMON STOCK 65,433 21 Mar 2022 By Katherine A. Nelson Rev Trust
holding WTBA COMMON STOCK 26,179 21 Mar 2022 By 401(k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were acquired pursuant to a grant of restricted stock units, 7,500 units of which vest in five equal annual installments beginning March 25, 2023. The remaining 7,500 units cliff vest on March 25, 2025, subject to achievement of performance criteria established by the Compensation Committee as set out in the grant.