4//SEC Filing
Erminio Courtney M 4
Accession 0001437749-25-005893
CIK 0000836147other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 2:49 PM ET
Size
12.0 KB
Accession
0001437749-25-005893
Insider Transaction Report
Form 4
Erminio Courtney M
EVP/Chief Risk Officer
Transactions
- Award
Common Stock
2025-02-23$24.57/sh+1,383$33,980→ 4,290.994 total - Tax Payment
Common Stock
2025-02-23$24.57/sh−465$11,425→ 3,825.991 total
Holdings
- 150.525
Common Stock
- 1,628
Conditional Stock Award
Exercise: $27.40Exp: 2026-03-10→ Common Stock (1,628 underlying) - 2,561
Conditional Stock Award
Exp: 2027-09-06→ Common Stock (2,561 underlying) - 2,828
Conditional Stock Award
Exp: 2028-01-14→ Common Stock (2,828 underlying)
Footnotes (7)
- [F1]Acquisition represents the vesting of performance shares awarded to the reporting person on February 23, 2022, which vested on the third anniversary of their grant date based upon the Company's total shareholder return.
- [F2]Includes shares acquired under MBCN Dividend Reinvestment Plan
- [F3]Includes shares held jointly with spouse.
- [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 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]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.
Documents
Issuer
MIDDLEFIELD BANC CORP
CIK 0000836147
Entity typeother
Related Parties
1- filerCIK 0001698885
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 2:49 PM ET
- Size
- 12.0 KB