James R. Heslop II - Sep 9, 2021 Form 4 Insider Report for MIDDLEFIELD BANC CORP (MBCN)

Role
Exec. Vice President/COO, Director
Signature
James R. Heslop, II
Stock symbol
MBCN
Transactions as of
Sep 9, 2021
Transactions value $
$7,095
Form type
4
Date filed
9/9/2021, 02:16 PM
Previous filing
Jul 30, 2021
Next filing
Dec 6, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBCN Common Stock Purchase $7.1K +300 +19.53% $23.65 1.84K Sep 9, 2021 held in IRA
holding MBCN Common Stock 27.5K Sep 9, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding MBCN Conditional Stock Award 2.92K Sep 9, 2021 Common Stock 2.92K $22.50 Direct F1
holding MBCN Conditional Stock Award 2.42K Sep 9, 2021 Common Stock 2.42K $26.09 Direct F2
holding MBCN Conditional Stock Award 2.98K Sep 9, 2021 Common Stock 2.98K $21.22 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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, 2021.
F2 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 26, 2020.
F3 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 March 5, 2019.