HESLOP JAMES R II 4
4 · MIDDLEFIELD BANC CORP · Filed Mar 1, 2023
Insider Transaction Report
Form 4
HESLOP JAMES R II
DirectorExec. Vice President/COO
Transactions
- Tax Payment
Common Stock
2023-02-25$29.00/sh−605$17,545→ 32,467 total - Award
Common Stock
2023-02-25$29.00/sh+1,257$36,453→ 33,072 total
Holdings
- 2,836(indirect: By IRA)
Common Stock
- 2,921
Conditional Stock Award
Exercise: $22.50Exp: 2024-02-23→ Common Stock (2,921 underlying) - 3,931
Conditional Stock Award
Exercise: $24.80Exp: 2025-02-23→ Common Stock (3,931 underlying)
Footnotes (3)
- [F1]Acquisition represents the vesting of performance shares granted to the reporting person on February 25, 2020, which vested on the third anniversary of their grant date based upon the Company's total shareholder return.
- [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, 2022.
- [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.