JOHN A. THORSON - 27 Jan 2022 Form 4 Insider Report for WESTAMERICA BANCORPORATION (WABC)

Role: SVP/Treasurer
Signature: /s/Jesse Leavitt, attorney-in-fact for Mr. Thorson
Issuer symbol: WABC
Transactions as of: 27 Jan 2022
Transactions value $: $1,205,306
Form type: 4
Filing time: 31 Jan 2022, 19:22:05 UTC
Next filing: 03 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WABC	Common Stock	Award	$0	+1,990		$0.000000	1,990	27 Jan 2022	Direct	F1
holding	WABC	Common Stock						903	27 Jan 2022	Esop
holding	WABC	Common Stock						11,831	27 Jan 2022	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	$1,205,306	+20,600		$58.51	20,600	27 Jan 2022	Common Stock	20,600	$58.51	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 2019 have vested upon meeting performance criteria
F2	Options vest ratably over three years beginning one year from date of grant