SEC Form 4 · accession 0001209191-17-011338
MIDDLEFIELD BANC CORP · MBCN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James R Heslop II
Officer — Exec. Vice President/COO · Director
Period of report
Feb 13, 2017
Accepted (ET)
Feb 16, 2017 · 10:52 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000836147
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | holding | — | — | — | 7,799 | D | ||
| Common StockF1 | holding | — | — | — | 566 | I | by children |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Conditional Stock AwardF4 | $40.55 | Feb 13, 2017 | A | 266 | A | — | Apr 17, 2017 | Common Stock | 266 | 266 | D |
| Common Stock (right to buy) | $23.00 | holding | — | — | — | Nov 10, 2009 | Nov 10, 2018 | Common Stock | 775 | 775 | D |
| Common Stock (right to buy) | $17.55 | holding | — | — | — | May 9, 2012 | May 9, 2021 | Common Stock | 1,950 | 1,950 | D |
| Conditional Stock AwardF2 | $33.61 | holding | — | — | — | — | Jun 22, 2018 | Common Stock | 628 | 628 | D |
| Conditional Stock AwardF3 | $32.40 | holding | — | — | — | — | Mar 1, 2019 | Common Stock | 668 | 668 | D |
Explanation of responses
- F1Includes shares acquired under the MBCN Dividend Reinvestment Plan.
- F2Until 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 June 24, 2015.
- F3Until 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 March 4, 2016.
- F4Until 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. The details of the vesting conditions may be found in a Form 8-K filing dated February 16, 2017.