X0306 4 2017-09-07 0001617291 MB Bancorp Inc MBCQ 0001502051 Phillips Philip P 1920 ROCK SPRING ROAD FOREST HILL MD 21050 1 1 President & CEO Common Stock 2017-09-07 4 A 0 7924.0000 0.0000 A 7924.0000 I By Stock Award II Common Stock 2500.0000 I By Stock Award Stock Awards granted pursuant to the MB Bancorp, Inc. 2016 Equity Incentive Plan will vest in five approximately equal annual installments commencing on September 7, 2018. Shares of restricted stock vest in two equal annual installments with the first one half vesting on September 30, 2017, the first anniversary of the date of the award. /s/ Philip P. Phillips 2017-09-11