PAYNE DAVID L 4
4 · WESTAMERICA BANCORPORATION · Filed Jan 23, 2013
Insider Transaction Report
Form 4
PAYNE DAVID L
DirectorChairman, President & CEO
Transactions
- Exercise/Conversion
Common Stock
2013-01-22$40.75/sh+141,099$5,749,784→ 486,907 total(indirect: By Trust) - Exercise/Conversion
Non-qualified Stock Option (Right to Buy)
2013-01-22−141,099→ 0 totalExercise: $40.75From: 2004-01-23Exp: 2013-01-23→ Common Stock (141,099 underlying) - Sale
Common Stock
2013-01-22$43.48/sh−141,099$6,134,307→ 345,808 total(indirect: By Trust)
Holdings
- 528,837(indirect: By Gibson Radio & Publishing Company)
Common Stock
- 10,924.913(indirect: Esop)
Common Stock
- 462(indirect: By Son)
Common Stock
Footnotes (2)
- [F1]This is a weighted average price of multiple transactions for the same option. The price ranges from $43.19 to $43.59.
- [F2]The reporting person is President and CEO of Gibson Radio and Publishing Company and disclaims beneficial ownership of 528,837 shares.