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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 4
Filed pursuant to Section 16(a) of the Securities
Exchange Act of 1934
WestAmerica Corporation
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(Name of Issuer)
Common Stock, $0.01 Par Value
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(Title of Class of Securities)
95709H304
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(CUSIP Number)
REPORTING PERSON NO LONGER SUBJECT TO SECTION 16
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INFORMATION TO BE INCLUDED IN THE FORM 4
Item 1. NAME AND ADDRESS OF REPORTING PERSON
Foraker, Edward R.
4141 N. Scottsdale Road, Suite 100
Scottsdale, AZ 85251
Item 2. ISSUER NAME AND TICKER OR TRADING SYMBOL
WestAmerica Corporation
NASDAQ:WACC
Item 3. IRS OR SOCIAL SECURITY NUMBER OF REPORTING PERSON
###-##-####
Item 4. STATEMENT FOR MONTH/YEAR
August/1997
Item 5. Not applicable
Item 6. RELATIONSHIP OF REPORTING PERSON TO ISSUER
Formerly a director, officer and more than
10% Stockholder
Item 7. Not applicable.
TABLE 1 - NON-DERIVATIVE SECURITIES
1. TITLE OF SECURITY
Common Stock
2. TRANSACTION DATE
8/6/97
3. TRANSACTION CODE
S
4. SECURITIES DISPOSED 453,338 (see Note 1 below) (D) (see Note 1
below) $5.25 (see Note 1 below)
5. AMOUNT OF SECURITIES BENEFICIALLY OWNED AT END OF MONTH
1,000
6. OWNERSHIP FORM
(D)
7. NATURE OF INDIRECT BENEFICIAL OWNERSHIP
Not applicable
TABLE II - DERIVATIVE SECURITIES
Not applicable
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Note 1: The anticipated change of control reported in the Issuer's Form 8-K
dated June 18, 1997, occurred on August 6, 1997, pursuant to an
agreement made as of June 26, 1997 when the Issuer's CUSIP Number was
95709H106. On July 2, 1997, there was a one for three reverse stock
split, resulting in the reporting person, his family and his IRA,
beneficially owning 454,338 shares at the time of the consummation of
the agreement which resulted in a change of control.
/s/ Edward R. Foraker September 8, 1997
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Edward R. Foraker
