James R. Heslop II - Nov 22, 2022 Form 4 Insider Report for MIDDLEFIELD BANC CORP (MBCN)

Role
Chief Executive Officer, Director
Signature
James R. Heslop, II
Stock symbol
MBCN
Transactions as of
Nov 22, 2022
Transactions value $
$5,934
Form type
4
Date filed
11/22/2022, 01:45 PM
Previous filing
Jul 1, 2022
Next filing
Dec 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBCN Common Stock Purchase $5.93K +200 +7.59% $29.67 2.84K Nov 22, 2022 held in IRA
holding MBCN Common Stock 29.7K Nov 22, 2022 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 3.93K Nov 22, 2022 Common Stock 3.93K $24.80 Direct F1
holding MBCN Conditional Stock Award 2.92K Nov 22, 2022 Common Stock 2.92K $22.50 Direct F2
holding MBCN Conditional Stock Award 2.42K Nov 22, 2022 Common Stock 2.42K $26.09 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, 2022.
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 25, 2021.
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 26, 2020.