Oak Valley Bancorp — Director's Dealing 2024

Mar 8, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Oak Valley Bancorp (OVLY)
CIK: 0001431567
Period of Report: 2023-12-31

Reporting Person: McCarty Richard A. (President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-12-31	Common Stock	I	1105	—	Acquired	48185	Direct
2024-02-28	Common Stock	A	3401	—	Acquired	51586	Direct
2024-02-28	Common Stock	F	211	—	Disposed	51375	Direct
2024-02-28	Common Stock	F	177	—	Disposed	51198	Direct
2024-02-28	Common Stock	F	218	—	Disposed	50980	Direct
2024-02-28	Common Stock	F	220	—	Disposed	50760	Direct
2024-02-28	Common Stock	F	195	—	Disposed	50565	Direct

Footnotes

F1: Adjustment to holdings for shares acquired through 401k profit sharing plan in 2023.

F2: Shares acquired through company 401k plan. Purchase transactions occur under 10b5-1 purchase plan with various dates and pricing.

F3: 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.

F4: The restricted stock will vest 20% annually on the following dates:

2/28/2025
2/28/2026
2/28/2027
2/28/2028
2/28/2029

F5: Award of restricted stock to executive employee pursuant to Stock Incentive Plan.

F6: Shares surrendered to satisfy tax liability on restricted stock issued 2/28/2019 vested 2/28/2024

F7: Shares surrendered to satisfy tax liability on restricted stock issued 2/28/2020 vested 2/28/2024

F8: Shares surrendered to satisfy tax liability on restricted stock issued 2/28/2021 vested 2/28/2024

F9: Shares surrendered to satisfy tax liability on restricted stock issued 2/28/2022 vested 2/28/2024

F10: Shares surrendered to satisfy tax liability on restricted stock issued 2/28/2023 vested 2/28/2024