Allen Michael L 4
4 · MIDDLEFIELD BANC CORP · Filed Nov 29, 2021
Insider Transaction Report
Form 4
Allen Michael L
EVP - Chief Banking Officer
Transactions
- Award
Common Stock
2021-11-26$25.45/sh+1,000$25,450→ 1,000 total
Holdings
- 2,276
Conditional Stock Award
Exercise: $22.50Exp: 2024-02-23→ Common Stock (2,276 underlying) - 1,915
Conditional Stock Award
Exercise: $26.09Exp: 2023-02-25→ Common Stock (1,915 underlying) - 2,296
Conditional Stock Award
Exercise: $21.21Exp: 2022-03-01→ Common Stock (2,296 underlying)
Footnotes (4)
- [F1]Acquisition represents the vesting of shares granted to the reporting person on November 26, 2018, which vested on the third anniversary of their grant dated based upon the continued employment of the reporting person.
- [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 February 25, 2021.
- [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.
- [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 March 5, 2019.