THOMPSON ALFRED F JR 4
4 · MIDDLEFIELD BANC CORP · Filed Mar 1, 2023
Insider Transaction Report
Form 4
THOMPSON ALFRED F JR
EVP/Chief Credit Officer
Transactions
- Award
Common Stock
2023-02-25$29.00/sh+196$5,684→ 1,956.795 total - Tax Payment
Common Stock
2023-02-25$29.00/sh−66$1,914→ 1,890.795 total
Holdings
- 326.516
Common Stock
- 1,713
Conditional Stock Award
Exercise: $24.80Exp: 2025-02-23→ Common Stock (1,713 underlying) - 453
Conditional Stock Award
Exercise: $22.50Exp: 2024-02-23→ Common Stock (453 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]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.