HARLEE OLAFSON - 20 Feb 2023 Form 4 Insider Report for WEST BANCORPORATION INC (WTBA)

Signature
/s/ Jane Funk, By Power of Attorney
Issuer symbol
WTBA
Transactions as of
20 Feb 2023
Net transactions value
$0
Form type
4
Filing time
21 Feb 2023, 15:50:39 UTC
Previous filing
29 Mar 2022
Next filing
28 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WTBA COMMON STOCK Award $0 +15,000 +14% $0.000000 119,146 20 Feb 2023 Direct F1
holding WTBA COMMON STOCK 17,892 20 Feb 2023 By 401(k) Plan F2
* 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, 2024. The remaining 7,500 units cliff vest on March 25, 2026, subject to achievement of performance criteria established by the Compensation Committee as set out in the grant.
F2 671 shares were acquired pursuant to dividend reinvestment purchases in the employee savings plan 401(k) during the period from January 1, 2022 through December 31, 2022.