0001437749-24-000888.txt : 20240108 0001437749-24-000888.hdr.sgml : 20240108 20240108170842 ACCESSION NUMBER: 0001437749-24-000888 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231201 FILED AS OF DATE: 20240108 DATE AS OF CHANGE: 20240108 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Zimmerly Ronald Len Jr. CENTRAL INDEX KEY: 0001954793 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36613 FILM NUMBER: 24520985 MAIL ADDRESS: STREET 1: 4427 COUNTY ROAD 55 CITY: BELLEFONTAINE STATE: OH ZIP: 43311 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: MIDDLEFIELD BANC CORP CENTRAL INDEX KEY: 0000836147 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] ORGANIZATION NAME: 02 Finance IRS NUMBER: 341585111 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 15985 E HIGH ST STREET 2: P O BOX 35 CITY: MIDDLEFILED STATE: OH ZIP: 44062-9263 BUSINESS PHONE: 4406321666 MAIL ADDRESS: STREET 1: 15985 EAST HIGH STREET STREET 2: P O BOX 35 CITY: MIDDLEFIELD STATE: OH ZIP: 44062-9263 4 1 rdgdoc.xml FORM 4 X0508 4 2023-12-01 0000836147 MIDDLEFIELD BANC CORP MBCN 0001954793 Zimmerly Ronald Len Jr. 15985 EAST HIGH STREET MIDDLEFIELD OH 44062 1 0 Common Stock 2023-12-01 4 A 0 3788 29.34 A 35988 D Common Stock 2023-12-01 4 F 0 1112 29.34 D 34876 D Conditional Stock Award 27.4000 2026-03-10 Common Stock 3722 3722 D Conditional Stock Award 28.6000 2025-12-01 Common Stock 7576 7576 D The acquisition represents the vesting of restricted stock granted to the reporting person on December 1, 2022. The shares vested on the first anniversary of the grant date. 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 8kK filing dated March 17, 2023. The award represents a grant of restricted stock which vests ratably over a three-year period provided that Mr. Zimmerly remains continuously employed by Middlefield as of each vesting date. Until the award vests, the award confers no right to vote, no right to dividends, and no other shareholder rights to the recipent. /s/ Ronald L. Zimmerly, Jr. by Julie E. Shaw Power of Attorney 2024-01-08