Gary Stephens - 28 Feb 2022 Form 4 Insider Report for Oak Valley Bancorp (OVLY)

Reporting relationship: EVP Commercial Banking
Issuer ticker: OVLY
Reported as of: 28 Feb 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 21 Mar 2022, 19:47:32 UTC
Prior SEC filing: 03 Mar 2022
Next SEC filing: 22 Mar 2023
Source filing: View source filing
Reporting owner signature: /s/ Gary Stephens

Key filing fact

Gary Stephens filed Form 4 for Oak Valley Bancorp (OVLY) on 21 Mar 2022.

Key facts

This page summarizes Gary Stephens's Form 4 filing for Oak Valley Bancorp (OVLY).
4 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 21 Mar 2022, 19:47.

Change

Previous filing in this sequence was filed on 03 Mar 2022.
Current net transaction value: $0.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

OVLY transaction

Common Stock

Award

Transaction value
Shares: +1,311
Change %: +5.2%
Price
Shares after: 26,393
Date: 28 Feb 2022
Ownership: Direct
Footnotes: F1, F2, F3

OVLY transaction

Common Stock

Tax liability

Transaction value
Shares: -245
Change %: -0.93%
Price
Shares after: 26,148
Date: 28 Feb 2022
Ownership: Direct
Footnotes: F4

OVLY transaction

Common Stock

Tax liability

Transaction value
Shares: -97
Change %: -0.37%
Price
Shares after: 26,051
Date: 28 Feb 2022
Ownership: Direct
Footnotes: F5

OVLY transaction

Common Stock

Tax liability

Transaction value
Shares: -119
Change %: -0.46%
Price
Shares after: 25,932
Date: 28 Feb 2022
Ownership: Direct
Footnotes: F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Award of restricted stock to executive employee pursuant to Stock Incentive Plan.

Footnote F2

Each restricted stock share that is unvested is subject to certain restrictions on disposition as well as certain forfeiture rights, which will lapse upon vesting.

Footnote F3

The restricted stock will vest 20% annually on the following dates: 2/28/2023 2/28/2024 2/28/2025 2/28/2026 2/28/2027

Footnote F4

Shares surrendered to satisfy tax liability on restricted stock issued 2/28/2018 vested 2/28/2022

Footnote F5

Shares surrendered to satisfy tax liability on restricted stock issued 2/28/2020 vested 2/28/2022

Footnote F6

Shares surrendered to satisfy tax liability on restricted stock issued 2/28/2021 vested 2/28/2022