Oak Valley Bancorp 4
4 · Oak Valley Bancorp · Filed Jul 26, 2013
Insider Transaction Report
Form 4
Pelton Janet S
Director
Transactions
- Award
Common Stock
2013-07-24$7.59/sh+5,000$37,950→ 25,000 total
Footnotes (3)
- [F1]Initial award of restricted stock to director pursuant to Stock Incentive Plan.
- [F2]Each restricted stock share that is unvested is subject to certain restrictions on disposition as well as certain forfeiture rights, which will lapse upon vesting.
- [F3]The restricted stock will vest as follows: Vesting Date: Shares Vested: 7/24/2014 1,000 7/24/2015 1,000 7/24/2016 1,000 7/24/2017 1,000 7/24/2018 1,000 Subject to 100% acceleration upon retirement at any time before July 24, 2018.