Home/Filings/4/0001437749-25-001656
4//SEC Filing

Erminio Courtney M 4

Accession 0001437749-25-001656

CIK 0000836147other

Filed

Jan 22, 7:00 PM ET

Accepted

Jan 23, 10:05 AM ET

Size

11.9 KB

Accession

0001437749-25-001656

Insider Transaction Report

Form 4
Period: 2025-01-14
Erminio Courtney M
EVP/Chief Risk Officer
Transactions
  • Award

    Conditional Stock Award

    2025-01-14+2,8282,828 total
    Exp: 2028-01-14Common Stock (2,828 underlying)
Holdings
  • Common Stock

    2,907.991
  • Conditional Stock Award

    Exp: 2027-09-06Common Stock (2,561 underlying)
    2,561
  • Common Stock

    150.525
  • Conditional Stock Award

    Exercise: $27.40Exp: 2026-03-10Common Stock (1,628 underlying)
    1,628
  • Conditional Stock Award

    Exercise: $24.80Exp: 2025-02-23Common Stock (1,713 underlying)
    1,713
Footnotes (7)
  • [F1]The award represents a grant of restricted stock which vests ratably over a three-year period provided that Mrs. Erminio 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 dated January 17, 2025.
  • [F2]Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
  • [F3]Includes shares acquired under MBCN Dividend Reinvestment Plan
  • [F4]Includes shares held jointly with spouse.
  • [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 Mrs. Erminio 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.
  • [F7]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 8-K filing dated February 25, 2022.

Issuer

MIDDLEFIELD BANC CORP

CIK 0000836147

Entity typeother

Related Parties

1
  • filerCIK 0001698885

Filing Metadata

Form type
4
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 10:05 AM ET
Size
11.9 KB