James R. Heslop II - 09 Sep 2021 Form 4 Insider Report for MIDDLEFIELD BANC CORP (MBCN)

Role
Exec. Vice President/COO, Director
Signature
James R. Heslop, II
Issuer symbol
MBCN
Transactions as of
09 Sep 2021
Net transactions value
+$7,095
Form type
4
Filing time
09 Sep 2021, 14:16:16 UTC
Previous filing
30 Jul 2021
Next filing
06 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBCN Common Stock Purchase $7,095 +300 +20% $23.65 1,836 09 Sep 2021 held in IRA
holding MBCN Common Stock 27,479 09 Sep 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 2,921 09 Sep 2021 Common Stock 2,921 $22.50 Direct F1
holding MBCN Conditional Stock Award 2,422 09 Sep 2021 Common Stock 2,422 $26.09 Direct F2
holding MBCN Conditional Stock Award 2,978 09 Sep 2021 Common Stock 2,978 $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.