SEC Form 4 · accession 0001437749-19-004001
Oak Valley Bancorp · OVLY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Rodrigues
Officer — EVP Chief Credit Officer
Period of report
Dec 31, 2018
Accepted (ET)
Mar 4, 2019 · 7:38 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 | Dec 31, 2018 | I | 1,254 | — | A | 53,298 | D | |
| Common StockF3,F4,F5 | Feb 28, 2019 | A | 1,412 | — | A | 54,710 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares acquired through company 401k plan. Purchase transactions occur under 10b5-1 purchase plan with various dates and pricing.
- F2Adjustment to holdings for shares acquired through 401k profit sharing plan in 2018.
- F3Award of restricted stock to executive employee pursuant to Stock Incentive Plan.
- F4Each restricted stock share that is unvested is subject to certain restrictions on disposition as well as certain forfeiture rights, which will lapse upon vesting.
- F5The restricted stock will vest 20% annually on the following dates: 2/28/2020 2/28/2021 2/28/2022 2/28/2023 2/28/2024