Key facts
- This page summarizes Michael Ranttila's Form 4 filing for MIDDLEFIELD BANC CORP (MBCN).
- 1 reported transaction and 3 derivative rows are listed below.
- Accepted by SEC: 04 Sep 2024, 20:19.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
No transaction description listed
No transaction description listed
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Award
No transaction description listed
No transaction description listed
Additional SEC filing notes
Footnote F1
Includes shares acquired under MBCN Dividend Reinvestment Plan
Footnote F2
The award represents a grant of restricted stock which vests ratably over a three-year period provided that Mr. Ranttila remains continuously employed by Middlefield as of each vesting date. Until the award vests, the award confers no right to vote, no right to dividends, and no other shareholder rights to the recipient.
Footnote F3
Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
Footnote 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 8K filing dated March 17, 2023.
Footnote 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, 2022.