Noblit Rebecca A 4
4 · MIDDLEFIELD BANC CORP · Filed Jan 23, 2025
Insider Transaction Report
Form 4
Noblit Rebecca A
EVP-Chief Credit Officer
Transactions
- Award
Conditional Stock Award
2025-01-14+2,900→ 2,900 totalExp: 2028-01-14→ Common Stock (2,900 underlying)
Holdings
- 2,561
Conditional Stock Award
Exp: 2027-09-06→ Common Stock (2,561 underlying) - 6,111
Common Stock
Footnotes (3)
- [F1]The award represents a grant of restricted stock which vests ratably over a three-year period provided that Ms. Noblit 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 8-K filing dated January 17, 2025.
- [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 ratably over a three-year period provided that Ms. Noblit 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.