SEC Form 4 · accession 0001209191-17-011353
MIDDLEFIELD BANC CORP · MBCN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald L Stacy
Officer — Treasurer/CFO
Period of report
Feb 13, 2017
Accepted (ET)
Feb 16, 2017 · 1:20 pm 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 | — | — | — | 1,041 | D | ||
| Common StockF1,F2 | holding | — | — | — | 19 | D | ||
| Common Stock | holding | — | — | — | 1,000 | I | in IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Conditonal Stock AwardF5 | $40.55 | Feb 13, 2017 | A | 212 | A | — | Apr 17, 2017 | Common Stock | 212 | 212 | D |
| Common Stock (right to buy) | $37.00 | holding | — | — | — | Dec 10, 2008 | Dec 10, 2017 | Common Stock | 750 | 750 | D |
| Common Stock (right to buy) | $17.55 | holding | — | — | — | May 9, 2012 | May 9, 2021 | Common Stock | 2,500 | 2,500 | D |
| Conditional Stock AwardF3 | $33.61 | holding | — | — | — | — | Jun 22, 2018 | Common Stock | 495 | 495 | D |
| Conditional Stock AwardF4 | $32.40 | holding | — | — | — | — | Mar 1, 2019 | Common Stock | 532 | 532 | D |
Explanation of responses
- F1Includes shares acquired under MBCN Dividend Reinvestment Plan.
- F2Shares held jointly with son.
- 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 June 24, 2015.
- 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 and a performance-based condition. The details of the vesting conditions may be found in a Form 8-K filing dated March 4, 2016.
- F5Until 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.