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MIDDLEFIELD BANC CORP Director's Dealing 2019

Jan 2, 2019

33530_dirs_2019-01-02_559b2693-26c3-4c76-a6c3-fab78f3e0044.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: MIDDLEFIELD BANC CORP (MBCN)
CIK: 0000836147
Period of Report: 2019-01-02

Reporting Person: CALDWELL THOMAS G (Director, President/Chief Executive Offi)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-01-02 Common Stock A 226 $42.43 Acquired 4085 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 14222 Direct
Common Stock 248.94 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Option (right to buy) $17.55 2021-05-09 Common Stock (2500) 2500 Direct
Conditional Stock Award $32.40 2019-03-01 Common Stock (865) 865 Direct
Conditional Stock Award $38.6992 2020-07-20 Common Stock (753) 753 Direct
Conditional Stock Award $48.20 2021-05-22 Common Stock (2240) 2240 Direct

Footnotes

F1: Shares acquired under Director Compensation program for members of the Board of Directors of The Middlefield Banking Company.

F2: Includes shares held jointly with spouse.

F3: Includes shares acquired under MBCN Dividend Reinvestment Plan.

F4: Until 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.

F5: Until 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.

F6: Until 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 May 29, 2018.