Alfred F. Thompson Jr - Mar 10, 2023 Form 4 Insider Report for MIDDLEFIELD BANC CORP (MBCN)

Role
EVP/Chief Credit Officer
Signature
Alfred F. Thompson, Jr. by Julie E. Shaw Power of Attorney
Stock symbol
MBCN
Transactions as of
Mar 10, 2023
Transactions value $
$44,607
Form type
4
Date filed
3/17/2023, 10:40 AM
Previous filing
Mar 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MBCN Common Stock 1.89K Mar 10, 2023 Direct F1
holding MBCN Common Stock 327 Mar 10, 2023 Direct F1, F2

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
transaction MBCN Conditional Stock Award Award $44.6K +1.63K $27.40 1.63K Mar 10, 2023 Common Stock 1.63K $27.40 Direct F3
holding MBCN Conditional Stock Award 1.71K Mar 10, 2023 Common Stock 1.71K $24.80 Direct F4
holding MBCN Conditional Stock Award 453 Mar 10, 2023 Common Stock 453 $22.50 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares acquired under MBCN Dividend Reinvestment Plan.
F2 Includes shares held jointly with spouse.
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 17, 2023.
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, 2022.
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 25, 2021.