MIDDLEFIELD BANC CORP — Director's Dealing 2022

Mar 29, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MIDDLEFIELD BANC CORP (MBCN)
CIK: 0000836147
Period of Report: 2022-02-23

Reporting Person: THOMPSON ALFRED F JR (EVP/Chief Credit Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-02-23	Conditional Stock Award	$24.80	A	1713	Acquired	2025-02-23	Common Stock (1713)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1458.795	Direct
Common Stock	326.516	Direct

Footnotes

F1: Includes shares acquired under MBCN Dividend Reinvestment Plan.

F2: Includes shares held jointly with spouse.

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.