Cook Adam T 4
4 · MIDDLEFIELD BANC CORP · Filed Jul 21, 2020
Insider Transaction Report
Form 4
Cook Adam T
Senior Vice President
Transactions
- Award
Common Stock
2020-07-20$17.69/sh+455$8,049→ 780 total - Tax Payment
Common Stock
2020-07-20$17.69/sh−85$1,504→ 695 total
Holdings
- 527
Conditional Stock Award
Exercise: $26.09Exp: 2023-02-25→ Common Stock (527 underlying) - 636
Conditional Stock Award
Exercise: $20.95Exp: 2022-03-01→ Common Stock (636 underlying)
Footnotes (3)
- [F1]Acquisition represents the vesting of performance shares granted to the reporting person on July 20, 2017, which vested on the third anniversary of their grant dated based upon the Company's total shareholder return.
- [F2]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.
- [F3]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 February 26, 2020.