Janis L. Powers - 31 Dec 2022 Form 4 Insider Report for Oak Valley Bancorp (OVLY)

Reporting relationship: EVP Risk Management
Issuer ticker: OVLY
Reported as of: 31 Dec 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 21 Mar 2023, 13:44:17 UTC
Prior SEC filing: 22 Mar 2022
Next SEC filing: 09 Jan 2024
Source filing: View source filing
Reporting owner signature: /s/ Janis L Powers

Key filing fact

Janis L. Powers filed Form 4 for Oak Valley Bancorp (OVLY) on 21 Mar 2023.

Key facts

This page summarizes Janis L. Powers's Form 4 filing for Oak Valley Bancorp (OVLY).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 21 Mar 2023, 13:44.

Change

Previous filing in this sequence was filed on 22 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

Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities

Transaction value
Shares: +2,086
Change %: +2.6%
Price
Shares after: 81,633
Date: 31 Dec 2022
Ownership: Direct
Footnotes: F1, F2

OVLY transaction

Common Stock

Award

Transaction value
Shares: +1,086
Change %: +1.3%
Price
Shares after: 82,719
Date: 28 Feb 2023
Ownership: Direct
Footnotes: F3, F4, F5

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Adjustment to holdings for shares acquired through 401k profit sharing plan in 2022.

Footnote F2

Shares acquired through company 401k plan. Purchase transactions occur under 10b5-1 purchase plan with various dates and pricing.

Footnote F3

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 F4

The restricted stock will vest 20% annually on the following dates: 2/28/2024 2/28/2025 2/28/2026 2/28/2027 2/28/2028

Footnote F5

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