Alfred F. Thompson Jr. - 01 Mar 2022 Form 4/A - Amendment Insider Report for MIDDLEFIELD BANC CORP (MBCN)

Role
EVP/Chief Credit Officer
Signature
Alfred F. Thompson, Jr. by Julie E. Shaw Power of Attorney
Issuer symbol
MBCN
Transactions as of
01 Mar 2022
Net transactions value
+$7,707
Form type
4/A - Amendment
Filing time
02 Aug 2023, 12:21:27 UTC
Date Of Original Report
29 Mar 2022
Previous filing
29 Mar 2022
Next filing
01 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MBCN Common Stock Award $10,387 +407 +28% $25.52 1,866 01 Mar 2022 Direct F1, F2
transaction MBCN Common Stock Tax liability $2,680 -105 -5.6% $25.52 1,761 01 Mar 2022 Direct F2
holding MBCN Common Stock 327 01 Mar 2022 Direct F2, F3

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 1,713 01 Mar 2022 Common Stock 1,713 $24.80 Direct F4
holding MBCN Conditional Stock 453 01 Mar 2022 Common Stock 453 $22.50 Direct F5
holding MBCN Conditional Stock 379 01 Mar 2022 Common Stock 379 $26.09 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
F2 Includes shares acquired under MBCN Dividend Reinvestment Plan.
F3 Includes shares held jointly with spouse.
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.
F6 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.