SEC Form 4 · accession 0001209191-17-038240
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
Jun 5, 2017
Accepted (ET)
Jun 7, 2017 · 7:57 am EDT
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 | Jun 5, 2017 | M | 750 | $37.00 | A | 2,003 | D | |
| Common StockF1 | Jun 5, 2017 | S | 750 | $54.00 | D | 1,253 | D | |
| Common Stock | holding | — | — | — | 1,000 | I | in IRA | |
| Common StockF1,F2 | holding | — | — | — | 19 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 the MBCN Dividend Reinvestment Plan.
- F2Held 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.