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4//SEC Filing

Zimmerly Ronald Len Jr. 4

Accession 0001437749-24-021778

CIK 0000836147other

Filed

Jun 30, 8:00 PM ET

Accepted

Jul 1, 5:43 PM ET

Size

8.5 KB

Accession

0001437749-24-021778

Insider Transaction Report

Form 4
Period: 2024-07-01
Zimmerly Ronald Len Jr.
DirectorChief Executive Officer
Transactions
  • Award

    Common Stock

    2024-07-01$24.05/sh+324$7,79236,200 total
Holdings
  • Conditional Stock Award

    Exercise: $27.40Exp: 2026-03-10Common Stock (3,722 underlying)
    3,722
  • Common Stock

    (indirect: By IRA)
    2,006
  • Conditional Stock Award

    Exercise: $28.60Exp: 2025-12-01Common Stock (7,576 underlying)
    7,576
Footnotes (3)
  • [F1]Shares acquired under Director Compensation program for members of the Board of Directors of The Middlefield Banking Company.
  • [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 8K 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 recipient.

Issuer

MIDDLEFIELD BANC CORP

CIK 0000836147

Entity typeother

Related Parties

1
  • filerCIK 0001954793

Filing Metadata

Form type
4
Filed
Jun 30, 8:00 PM ET
Accepted
Jul 1, 5:43 PM ET
Size
8.5 KB