HETRICK TERESA M 4
4 · MIDDLEFIELD BANC CORP · Filed Jul 22, 2020
Insider Transaction Report
Form 4
HETRICK TERESA M
Executive Officer
Transactions
- Award
Common Stock
2020-07-20$17.69/sh+807$14,276→ 2,035.871 total - Tax Payment
Common Stock
2020-07-20$17.69/sh−397$7,023→ 1,638.871 total
Holdings
- 1,500
Stock Option (right to buy)
Exercise: $8.78From: 2012-05-09Exp: 2021-05-09→ Common Stock (1,500 underlying) - 113.742
Common Stock
- 1,202
Conditional Stock Award
Exercise: $24.10Exp: 2021-05-09→ Common Stock (1,202 underlying) - 1,184
Conditional Stock Award
Exercise: $26.09Exp: 2023-02-25→ Common Stock (1,184 underlying) - 1,414
Conditional Stock Award
Exercise: $21.21Exp: 2022-03-01→ Common Stock (1,414 underlying)
Footnotes (6)
- [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]Includes shares acquired under the MBCN Dividend Reinvestment Plan.
- [F3]Shares held jointly with spouse.
- [F4]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.
- [F5]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.
- [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 February 26, 2020.