CALDWELL THOMAS G 4
4 · MIDDLEFIELD BANC CORP · Filed Mar 3, 2022
Insider Transaction Report
Form 4
CALDWELL THOMAS G
DirectorPresident/Chief Executive Offi
Transactions
- Tax Payment
Common Stock
2022-03-01$25.52/sh−2,203$56,221→ 21,274 total - Award
Common Stock
2022-03-01$25.52/sh+4,945$126,196→ 23,477 total
Holdings
- 536.148(indirect: By Children)
Common Stock
- 31,627.311
Common Stock
- 5,291
Conditional Stock Award
Exercise: $22.50Exp: 2024-02-23→ Common Stock (5,291 underlying) - 4,387
Conditional Stock Award
Exercise: $26.09Exp: 2023-02-25→ Common Stock (4,387 underlying)
Footnotes (5)
- [F1]Acquisition represents the vesting of performance shares granted to the reporting person on March 1, 2019, which vested on the third anniversary of their grant date based upon the Company's total shareholder return.
- [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 February 25, 2021.
- [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 February 26, 2020.