4//SEC Filing
Zimmerly Ronald Len Jr. 4
Accession 0001437749-24-029592
CIK 0000836147other
Filed
Sep 18, 8:00 PM ET
Accepted
Sep 19, 4:41 PM ET
Size
10.2 KB
Accession
0001437749-24-029592
Insider Transaction Report
Form 4
Zimmerly Ronald Len Jr.
DirectorChief Executive Officer
Transactions
- Purchase
Common Stock
2024-09-16$28.47/sh+212.283$6,044→ 31,289.283 total
Holdings
- 8,786(indirect: By IRA)
Common Stock
- 6,708
Conditional Stock Award
Exp: 2027-08-30→ Common Stock (6,708 underlying) - 3,722
Conditional Stock Award
Exercise: $27.40Exp: 2026-03-10→ Common Stock (3,722 underlying) - 7,576
Conditional Stock Award
Exercise: $28.60Exp: 2025-12-01→ Common Stock (7,576 underlying)
Footnotes (5)
- [F1]Includes shares acquired under MBCN Dividend Reinvestment Plan
- [F2]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.
- [F3]Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- [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 8K filing dated March 17, 2023.
- [F5]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.
Documents
Issuer
MIDDLEFIELD BANC CORP
CIK 0000836147
Entity typeother
Related Parties
1- filerCIK 0001954793
Filing Metadata
- Form type
- 4
- Filed
- Sep 18, 8:00 PM ET
- Accepted
- Sep 19, 4:41 PM ET
- Size
- 10.2 KB