Robert J. Dawson - May 10, 2023 Form 3 Insider Report for MIDDLEFIELD BANC CORP (MBCN)

Role: EVP/Chief Lending Officer
Signature: Robert J. Dawson by Julie E. Shaw, Power of Attorney
Stock symbol: MBCN
Transactions as of: May 10, 2023
Transactions value $: $0
Form type: 3
Date filed: 5/12/2023, 10:36 AM
Next filing: Oct 2, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	MBCN	Common Stock						1.8K	May 10, 2023	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							May 10, 2023	Common Stock	1.96K	$27.40	Direct	F1

* 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 March 17, 2023.