CALDWELL THOMAS G 4
4 · MIDDLEFIELD BANC CORP · Filed Jan 6, 2021
Insider Transaction Report
Form 4
CALDWELL THOMAS G
DirectorPresident/Chief Executive Offi
Transactions
- Award
Common Stock
2021-01-04$22.50/sh+346$7,785→ 12,298 total
Holdings
- 5,396
Conditional Stock Award
Exercise: $21.21Exp: 2022-03-01→ Common Stock (5,396 underlying) - 4,387
Conditional Stock Award
Exercise: $26.09Exp: 2023-02-25→ Common Stock (4,387 underlying) - 5,000
Stock Option (right to buy)
Exercise: $8.78From: 2012-05-09Exp: 2021-05-09→ Common Stock (5,000 underlying) - 33,527.69
Common Stock
- 4,480
Conditional Stock Award
Exercise: $24.10Exp: 2021-05-22→ Common Stock (4,480 underlying) - 522.75(indirect: By Children)
Common Stock
Footnotes (6)
- [F1]Shares acquired under Director Compensation program for members of the Board of Directors of The Middlefield Banking Company.
- [F2]Includes shares acquired under the MBCN Dividend Reinvestment Plan.
- [F3]Includes 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.