Janis L Powers - 28 Feb 2022 Form 4 Insider Report for Oak Valley Bancorp (OVLY)

Role
EVP Risk Management
Signature
/s/ Janis L Powers
Issuer symbol
OVLY
Transactions as of
28 Feb 2022
Net transactions value
$0
Form type
4
Filing time
22 Mar 2022, 12:10:13 UTC
Previous filing
28 Feb 2022
Next filing
21 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OVLY Common Stock Award +1,311 +1.7% 79,547 28 Feb 2022 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of restricted stock to executive employee pursuant to Stock Incentive Plan.
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.
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