SEC Form 4 · accession 0001209191-19-015369
MIDDLEFIELD BANC CORP · MBCN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Teresa M Hetrick
Officer — Executive Officer
Period of report
Mar 1, 2019
Accepted (ET)
Mar 4, 2019 · 2:26 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 | Mar 1, 2019 | A | 346 | $41.90 | A | 693 | D | |
| Common StockF1 | Mar 1, 2019 | F | 100 | $41.90 | D | 593 | D | |
| Conditional Stock AwardF3 | Mar 1, 2019 | A | 707 | $41.90 | A | 1,300 | D | |
| Common StockF1 | holding | — | — | — | 42 | I | held by spouse for children | |
| Common StockF2 | holding | — | — | — | 55 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy) | $17.55 | holding | — | — | — | May 9, 2012 | May 9, 2021 | Common Stock | 750 | 750 | D |
| Conditonal Stock AwardF4 | $38.6992 | holding | — | — | — | — | Jul 20, 2020 | Common Stock | 323 | 323 | D |
| Condional Stock AwardF5 | $48.20 | holding | — | — | — | — | May 22, 2021 | Common Stock | 601 | 601 | D |
Explanation of responses
- F1Includes shares acquired under MBCN Dividend Reinvestment Plan.
- F2Includes shares held jointly with spouse.
- 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 5, 2019.
- 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 July 20, 2017.
- 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 and a performance-based condition. The details of the vesting conditions may be found in a Form 8-K filing dated June 25, 2018.