MIDDLEFIELD BANC CORP — Director's Dealing 2022

Dec 5, 2022

SEC Form 4/A — Form 4/A

Issuer: MIDDLEFIELD BANC CORP (MBCN)
CIK: 0000836147
Period of Report: 2022-12-01

Reporting Person: RANTTILA MICHAEL (Bank Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-12-01	Common Stock	A	1239	$28.60	Acquired	2701.1	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Conditional Stock Award	$24.80	2025-02-23	Common Stock (2016)	2016	Direct
Conditional Stock Award	$22.50	2024-02-23	Common Stock (1765)	1765	Direct
Conditional Stock Award	$26.09	2023-02-25	Common Stock (891)	891	Direct

Footnotes

F1: Shares were acquired under a discretionary incentive award for the successful acquisition of Liberty Bancshares, Inc. Vesting was immediate.

F2: Includes shares acquired under the MBCN Dividend Reinvestment Plan.

F3: 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 February 25, 2022.

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 February 25, 2021.

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 February 26, 2020.