STACY DONALD L 4
4 · MIDDLEFIELD BANC CORP · Filed Mar 1, 2023
Insider Transaction Report
Form 4
STACY DONALD L
Treasurer/CFO
Transactions
- Tax Payment
Common Stock
2023-02-25$29.00/sh−480$13,920→ 11,974.48 total - Award
Common Stock
2023-02-25$29.00/sh+1,078$31,262→ 12,454.48 total
Holdings
- 43.497
Common Stock
- 2,419
Conditional Stock Award
Exercise: $24.80Exp: 2025-02-23→ Common Stock (2,419 underlying) - 4,036(indirect: By IRA)
Common Stock
- 2,467
Conditional Stock Award
Exercise: $22.50Exp: 2024-02-23→ Common Stock (2,467 underlying)
Footnotes (5)
- [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]Includes shares acquired under MBCN Dividend Reinvestment Plan.
- [F3]held jointly with son
- [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.