Oak Valley Bancorp — Director's Dealing 2021

Mar 22, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Oak Valley Bancorp (OVLY)
CIK: 0001431567
Period of Report: 2020-12-31

Reporting Person: McCarty Richard A. (SEVP Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-28	Common Stock	A	2937	—	Acquired	39208	Direct
2020-12-31	Common Stock	I	1377	—	Acquired	40585	Direct
2021-02-28	Common Stock	F	169	—	Disposed	40416	Direct
2021-02-28	Common Stock	F	231	—	Disposed	40185	Direct
2021-02-28	Common Stock	F	190	—	Disposed	39995	Direct

Footnotes

F1: Award of restricted stock to executive employee pursuant to Stock Incentive Plan.

F2: Each restricted stock share that is unvested is subject to certain restrictions on disposition as well as certain forfeiture rights, which will lapse upon vesting.

F3: The restricted stock will vest 20% annually on the following dates:

2/28/2022
2/28/2023
2/28/2024
2/28/2025
2/28/2026

F4: Shares acquired through company 401k plan. Purchase transactions occur under 10b5-1 purchase plan with various dates and pricing.

F5: Adjustment to holdings for shares acquired through 401k profit sharing plan in 2020.

F6: Shares surrendered to satisfy tax liability on restricted stock issued 2/28/2018 vested 2/28/2021

F7: Shares surrendered to satisfy tax liability on restricted stock issued 2/28/2019 vested 2/28/2021

F8: Shares surrendered to satisfy tax liability on restricted stock issued 2/28/2020 vested 2/28/2021