SEC Form 4 · accession 0001437749-18-003799
Oak Valley Bancorp · OVLY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard A. McCarty
Officer — SEVP / COO
Period of report
Feb 28, 2018
Accepted (ET)
Mar 2, 2018 · 4:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001431567
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Feb 28, 2018 | A | 2,058 | — | A | 33,551 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Award of restricted stock to executive employee pursuant to Stock Incentive Plan.
- F2Each restricted stock share that is unvested is subject to certain restrictions on disposition as well as certain forfeiture rights, which will lapse upon vesting.
- F3The restricted stock will vest 20% annually on the following dates: 2/28/2019 2/28/2020 2/28/2021 2/28/2022 2/28/2023