CALDWELL THOMAS G 4
4 · MIDDLEFIELD BANC CORP · Filed Jan 3, 2020
Insider Transaction Report
Form 4
CALDWELL THOMAS G
DirectorPresident/Chief Executive Offi
Transactions
- Award
Common Stock
2020-01-02$26.09/sh+367$9,575→ 10,689 total
Holdings
- 28,444
Common Stock
- 5,000
Stock Option (right to buy)
Exercise: $8.78From: 2012-05-09Exp: 2021-05-09→ Common Stock (5,000 underlying) - 509.018(indirect: By Children)
Common Stock
- 1,506
Conditioanl Stock Award
Exercise: $19.35Exp: 2020-07-20→ Common Stock (1,506 underlying) - 5,396
Conditional Stock Award
Exercise: $21.21Exp: 2022-03-01→ Common Stock (5,396 underlying) - 4,480
Conditional Stock Award
Exercise: $24.10Exp: 2021-05-22→ Common Stock (4,480 underlying)
Footnotes (8)
- [F1]Shares acquired under Director Compensation program for members of the Board of Directors of The Middlefield Banking Company.
- [F2]The number of shares have been adjusted to reflect the 2-for-1 stock split effected as of November 8, 2019.
- [F3]Shares held jointly with spouse.
- [F4]Includes shares acquired under the MBCN Dividend Reinvestment Plan.
- [F5]The number of shares and the exercise price have been adjusted to reflect the 2-for-1 stock split effected as of November 8, 2019.
- [F6]Until the award vests, the award confers no right to vote, no right to dividends, and no other shareholder rights to the recipient. Vesting is subject to a time-based or service condition and a performance-based condition. The details of the vesting conditions may be found in a Form 8-K filing dated July 20, 2017.
- [F7]Until the award vests, the award confers no right to vote, no right to dividends, and no other shareholder rights to the recipient. Vesting is subject to a time-based or service condition and a performance-based condition. The details of the vesting conditions may be found in a Form 8-K filing dated May 29, 2018.
- [F8]Until the award vests, the award confers no right to vote, no right to dividends, and no other shareholder rights to the recipient. Vesting is subject to a time-based or service condition and a performance-based condition. The details of the vesting conditions may be found in a Form 8-K filing dated March 5, 2019.