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4//SEC Filing

Zimmerly Ronald Len Jr. 4

Accession 0001437749-24-000888

CIK 0000836147other

Filed

Jan 7, 7:00 PM ET

Accepted

Jan 8, 5:08 PM ET

Size

9.1 KB

Accession

0001437749-24-000888

Insider Transaction Report

Form 4
Period: 2023-12-01
Zimmerly Ronald Len Jr.
DirectorChief Executive Officer
Transactions
  • Award

    Common Stock

    2023-12-01$29.34/sh+3,788$111,14035,988 total
  • Tax Payment

    Common Stock

    2023-12-01$29.34/sh1,112$32,62634,876 total
Holdings
  • Conditional Stock Award

    Exercise: $28.60Exp: 2025-12-01Common Stock (7,576 underlying)
    7,576
  • Conditional Stock Award

    Exercise: $27.40Exp: 2026-03-10Common Stock (3,722 underlying)
    3,722
Footnotes (3)
  • [F1]The acquisition represents the vesting of restricted stock granted to the reporting person on December 1, 2022. The shares vested on the first anniversary of the grant date.
  • [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 8kK filing dated March 17, 2023.
  • [F3]The award represents a grant of restricted stock which vests ratably over a three-year period provided that Mr. Zimmerly remains continuously employed by Middlefield as of each vesting date. Until the award vests, the award confers no right to vote, no right to dividends, and no other shareholder rights to the recipent.

Issuer

MIDDLEFIELD BANC CORP

CIK 0000836147

Entity typeother

Related Parties

1
  • filerCIK 0001954793

Filing Metadata

Form type
4
Filed
Jan 7, 7:00 PM ET
Accepted
Jan 8, 5:08 PM ET
Size
9.1 KB