SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Moran Thomas R

(Last) (First) (Middle)
C/O WEST MARINE
500 WESTRIDGE DRIVE

(Street)
WATSONVILLE CA 95076

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
WEST MARINE INC [ WMAR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
11/15/2011
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/15/2011 11/15/2011 M 13,036 A $4.5 37,709(1) D
Common Stock 11/15/2011 11/15/2011 M 15,750 A $5.79 53,459 D
Common Stock 11/15/2011 11/15/2011 S 7,086 D $9.2 46,373 D
Common Stock 11/15/2011 11/15/2011 S 200 D $9.2004 46,173 D
Common Stock 11/15/2011 11/15/2011 S 1,074 D $9.205 45,099 D
Common Stock 11/15/2011 11/15/2011 S 100 D $9.2075 44,999 D
Common Stock 11/15/2011 11/15/2011 S 7,292 D $9.21 37,707 D
Common Stock 11/15/2011 11/15/2011 S 700 D $9.2105 37,007 D
Common Stock 11/15/2011 11/15/2011 S 200 D $9.2106 36,807 D
Common Stock 11/15/2011 11/15/2011 S 602 D $9.22 36,205 D
Common Stock 11/15/2011 11/15/2011 S 200 D $9.2204 36,005 D
Common Stock 11/15/2011 11/15/2011 S 300 D $9.2205 35,705 D
Common Stock 11/15/2011 11/15/2011 S 298 D $9.225 35,407 D
Common Stock 11/15/2011 11/15/2011 S 1,200 D $9.23 34,207 D
Common Stock 11/15/2011 11/15/2011 S 500 D $9.235 33,707 D
Common Stock 11/15/2011 11/15/2011 S 500 D $9.24 33,207 D
Common Stock 11/15/2011 11/15/2011 S 100 D $9.255 33,107 D
Common Stock 11/15/2011 11/15/2011 S 100 D $9.27 33,007 D
Common Stock 11/15/2011 11/15/2011 S 100 D $9.28 32,907 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-qualified Stock Option (Right to Buy) $4.5 11/15/2011 11/15/2011 M 13,036 06/02/2009 06/02/2013 Common Stock 13,036 (2) 157,500 D
Non-qualified Stock Option (Right to Buy) $5.795 11/15/2011 11/15/2011 M 15,750 06/01/2010 06/01/2014 Common Stock 15,750 (2) 141,750(3) D
Explanation of Responses:
1. Includes 8,250 unvested restricted stock units granted pursuant to the terms of the West Marine, Inc. Omnibus Equity Incentive Plan.
2. Options granted pursuant to the terms of the West Marine, Inc. Omnibus Equity Incentive Plan.
3. Consists of 49,830 unvested stock options and 91,920 exercisable stock options.
/s/ Pamela Fields, attorney-in-fact 11/16/2011
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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