4//SEC Filing
Zimmerly Ronald Len Jr. 4
Accession 0001437749-25-000045
CIK 0000836147other
Filed
Jan 1, 7:00 PM ET
Accepted
Jan 2, 3:51 PM ET
Size
10.5 KB
Accession
0001437749-25-000045
Insider Transaction Report
Form 4
Zimmerly Ronald Len Jr.
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2025-01-01$28.05/sh+278$7,798→ 34,243.283 total
Holdings
- 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) - 3,788
Conditional Stock Award
Exercise: $28.60Exp: 2025-12-01→ Common Stock (3,788 underlying) - 8,786(indirect: By IRA)
Common Stock
Footnotes (6)
- [F1]Shares acquired under Director Compensation program for members of the Board of Directors of The Middlefield Banking Company.
- [F2]Includes shares acquired under MBCN Dividend Reinvestment Plan
- [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. The details of the vesting conditions may be found in a Form 8K filing dated September 4, 2024.
- [F4]Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- [F5]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.
- [F6]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.
Documents
Issuer
MIDDLEFIELD BANC CORP
CIK 0000836147
Entity typeother
Related Parties
1- filerCIK 0001954793
Filing Metadata
- Form type
- 4
- Filed
- Jan 1, 7:00 PM ET
- Accepted
- Jan 2, 3:51 PM ET
- Size
- 10.5 KB