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

Role
EVP Risk Management
Signature
/s/ Janis L Powers
Stock symbol
OVLY
Transactions as of
Feb 28, 2022
Transactions value $
$0
Form type
4
Date filed
3/22/2022, 12:10 PM
Previous filing
Feb 28, 2022
Next filing
Mar 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OVLY Common Stock Award +1.31K +1.68% 79.5K Feb 28, 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