Winters Sarah A 4
4 · MIDDLEFIELD BANC CORP · Filed Jan 24, 2025
Insider Transaction Report
Form 4
Winters Sarah A
EVP/CHRO
Transactions
- Award
Conditional Stock Award
2025-01-14+2,828→ 2,828 totalExp: 2028-01-14→ Common Stock (2,828 underlying)
Holdings
- 2,561
Conditional Stock Award
Exp: 2027-09-06→ Common Stock (2,561 underlying)
Footnotes (3)
- [F1]The award represents a grant of restricted stock which vests ratably over a three-year period provided that Mrs. Winters 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 Mrs. Winters 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.