CALDWELL THOMAS G 4

4 · MIDDLEFIELD BANC CORP · Filed Feb 25, 2021

Form 4

Period: 2021-02-23

DirectorPresident/Chief Executive Offi

Transactions

Award
Conditional Stock Award
2021-02-23$22.50/sh+5,291$119,048→ 5,291 total
Exercise: $22.50Exp: 2024-02-23→ Common Stock (5,291 underlying)

Holdings

Common Stock
33,527.69
Common Stock
17,298
Common Stock
(indirect: By Children)
522.75
Conditional Stock Award
Exercise: $26.09Exp: 2023-02-25→ Common Stock (4,387 underlying)
4,387
Conditional Stock Award
Exercise: $24.10Exp: 2021-05-22→ Common Stock (4,480 underlying)
4,480
Conditional Stock Award
Exercise: $21.21Exp: 2022-03-01→ Common Stock (5,396 underlying)
5,396

Footnotes (6)

[F1]Includes shares acquired under the MBCN Dividend Reinvestment Plan.
[F2]Includes shares held jointly with spouse.
[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 25, 2021.
[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 February 26, 2020.
[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 May 29, 2018.

Documents

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