WESTAMERICA BANCORPORATION 4
4 · WESTAMERICA BANCORPORATION · Filed Oct 23, 2013
Insider Transaction Report
Form 4
FINGER JENNIFER J
SVP/Treasurer
Transactions
- Sale
Common Stock
2013-10-21$52.71/sh−17,300$911,847→ 9,837.809 total - Exercise/Conversion
Non-qualified Stock Option (Right to Buy)
2013-10-21−17,300→ 0 totalExercise: $49.61From: 2005-01-22Exp: 2014-01-22→ Common Stock (17,300 underlying) - Exercise/Conversion
Common Stock
2013-10-21$49.61/sh+17,300$858,253→ 27,137.809 total
Holdings
- 64.962(indirect: Esop)
Common Stock
- 25,030(indirect: Deferred)
Common Stock
Footnotes (3)
- [F1]This is a weighted average price of multiple transactions for the same option. The sale price ranges from $52.55 to $52.94.
- [F2]The Form 4 filed on 7/18/13 was timely filed to report a discretionary transaction out of Westamerica's stock fund held in the company's ESOP. However, due to an administrative error, the number of shares were under reported by 385.092 shares. The correction has been made and the total number of shares held in the Company's ESOP by the reporting person is now accurate as of 9/30/13, the date of the reporting person's last ownership report.
- [F3]Options vest ratably over three years beginning one year after date of grant.