THOMPSON ALFRED F JR 4

4 · MIDDLEFIELD BANC CORP · Filed Mar 29, 2022

Form 4

Period: 2022-03-01

EVP/Chief Credit Officer

Transactions

Holdings

Common Stock
[F2][F3]
326.516
Conditional Stock Award
[F4]
Exercise: $24.80Exp: 2025-02-23→ Common Stock (1,713 underlying)
1,713
Conditional Stock Award
[F5]
Exercise: $22.50Exp: 2024-02-23→ Common Stock (453 underlying)
453
Conditional Stock Award
[F6]
Exercise: $26.09Exp: 2023-02-25→ Common Stock (379 underlying)
379

Footnotes (6)

[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 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, 2022.
[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 25, 2021.
[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.

Signature

Alfred F. Thompson, Jr. by Julie E. Shaw Power of Attorney|2022-03-29

Documents

1 file