Key facts
- This page summarizes Michael Ranttila's Form 4 filing for MIDDLEFIELD BANC CORP (MBCN).
- 2 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 03 Mar 2022, 14:32.
Michael Ranttila - 01 Mar 2022 Form 4 Insider Report for MIDDLEFIELD BANC CORP (MBCN)
- Reporting relationship
- Bank Chief Financial Officer
- Issuer ticker
- MBCN
- Reported as of
- 01 Mar 2022
- Net transaction value
- +$8,422
- SEC form
- 4
- Accepted by SEC
- 03 Mar 2022, 14:32:40 UTC
- Prior SEC filing
- 25 Feb 2022
- Next SEC filing
- 05 Dec 2022
- Source filing
- View source filing
- Reporting owner signature
- Michael C. Ranttila by James R. Heslop, II Power of Attorney
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Michael Ranttila filed Form 4 for MIDDLEFIELD BANC CORP (MBCN) on 03 Mar 2022.
Change
- Previous filing in this sequence was filed on 25 Feb 2022.
- Current net transaction value: +$8,422.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
MBCN
transaction
Common Stock
Award
- Transaction value
- $15,414
- Shares
- +604
- Change %
- +53%
- Price
- $25.52
- Shares after
- 1,736
- Date
- 01 Mar 2022
- Ownership
- Direct
- Footnotes
- F1, F2
MBCN
transaction
Common Stock
Tax liability
- Transaction value
- $6,992
- Shares
- -274
- Change %
- -16%
- Price
- $25.52
- Shares after
- 1,462
- Date
- 01 Mar 2022
- Ownership
- Direct
- Footnotes
- F2
MBCN
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 2
- Date
- 01 Mar 2022
- Ownership
- as Custodian for Grandson
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
MBCN
holding
Derivative
Conditional Stock Award
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 2,016
- Date
- 01 Mar 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 2,016
- Exercise price
- $24.80
- Footnotes
- F3
MBCN
holding
Derivative
Conditional Stock Award
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,765
- Date
- 01 Mar 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,765
- Exercise price
- $22.50
- Footnotes
- F4
MBCN
holding
Derivative
Conditional Stock Award
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 891
- Date
- 01 Mar 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 891
- Exercise price
- $26.09
- Footnotes
- F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
Acquisition represents the vesting of performance shares granted to the reporting person on March 1, 2019, which vested on the third anniversary of their grant date based upon the Company's total shareholder return.
Footnote F2
Includes shares acquired under the MBCN Dividend Reinvestment Plan.
Footnote 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 February 25, 2022.
Footnote F4
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.
Footnote 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 8-K filing dated February 26, 2020.