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4//SEC Filing

Zimmerly Ronald Len Jr. 4

Accession 0001437749-24-028440

CIK 0000836147other

Filed

Sep 3, 8:00 PM ET

Accepted

Sep 4, 7:42 PM ET

Size

10.0 KB

Accession

0001437749-24-028440

Insider Transaction Report

Form 4
Period: 2024-08-30
Zimmerly Ronald Len Jr.
DirectorChief Executive Officer
Transactions
  • Award

    Conditional Stock Award

    2024-08-30+6,7086,708 total
    Exp: 2027-08-30Common Stock (6,708 underlying)
Holdings
  • Common Stock

    31,077
  • Common Stock

    (indirect: By IRA)
    8,786
  • Conditional Stock Award

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

    Exercise: $28.60Exp: 2025-12-01Common Stock (7,576 underlying)
    7,576
Footnotes (4)
  • [F1]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.
  • [F2]Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
  • [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 8K filing dated March 17, 2023.
  • [F4]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
Sep 3, 8:00 PM ET
Accepted
Sep 4, 7:42 PM ET
Size
10.0 KB