secwatch.observer — SEC 8-K summary
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Issuer:     WEST BANCORPORATION INC (WTBA)
CIK:        0001166928
Form:       8-K
Filed at:   2022-03-22T23:59:59+00:00
Accession:  0001166928-22-000029
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

West Bancorporation discloses actual 2021 bonus awards for named executive officers
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- Actual 2021 bonuses set at 49.48% of base salary (82.47% of max), vs proxy estimate of 50.12% based on 9-month peer data.
- CEO David D. Nelson received $239,979; four other NEOs each received $163,285 or $136,071 (Bradley P. Peters).
- Revised Summary Compensation Table for 2021 includes updated Non-Equity Incentive Plan Compensation and total compensation for each NEO.
- Compensation determined after full-year peer group performance data became available after proxy filing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1166928/000116692822000029/0001166928-22-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1166928/000116692822000029/wtba-20220321.htm
  HTML page:      https://secwatch.observer/filing/0001166928-22-000029

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer