4//SEC Filing
Cheravitch Michael L 4
Accession 0001437749-24-028854
CIK 0000836147other
Filed
Sep 9, 8:00 PM ET
Accepted
Sep 10, 4:01 PM ET
Size
7.0 KB
Accession
0001437749-24-028854
Insider Transaction Report
Form 4
Cheravitch Michael L
EVP-Chief Banking Officer
Transactions
- Award
Conditional Stock Award
2024-09-06+2,561→ 2,561 totalExp: 2027-09-06→ Common Stock (2,561 underlying)
Holdings
- 2,300
Conditional Stock Award
Exercise: $30.00Exp: 2025-12-31→ Common Stock (2,300 underlying)
Footnotes (3)
- [F1]The award represents a grant of restricted stock which vests ratably over a three-year period provided that Mr. Cheravitch 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]The award represents a grant of restricted stock which vests on December 31, 2025, if the executive's service continues through that date. Until the award vests, the award confers no right to vote, no right to dividends, and no other shareholder rights to the recipient.
Documents
Issuer
MIDDLEFIELD BANC CORP
CIK 0000836147
Entity typeother
Related Parties
1- filerCIK 0002007962
Filing Metadata
- Form type
- 4
- Filed
- Sep 9, 8:00 PM ET
- Accepted
- Sep 10, 4:01 PM ET
- Size
- 7.0 KB