Thomas L. Brown - Jan 14, 2022 Form 4 Insider Report for FIRST MIDWEST BANCORP INC (FMBI)

Role: Director
Signature: /s/ Andrea L. Stangl, Attorney-in-fact for Thomas Lynn Brown
Stock symbol: FMBI
Transactions as of: Jan 14, 2022
Transactions value $: $16,565
Form type: 4
Date filed: 1/18/2022, 08:49 PM
Previous filing: Nov 12, 2021
Next filing: Feb 17, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	FMBI	Phantom Stock Under NQ Deferred Comp. Plan	Award	$16.6K	+737	+2.85%	$22.48	26.6K	Jan 14, 2022	Common Stock	737		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of phantom stock acquired pursuant to the First Midwest Bancorp, Inc. Deferred Compensation Plan for Nonemployee Directors (the "Plan") as a result of the deferral of quarterly directors fees paid in cash to the participant. The shares of phantom stock represent shares of First Midwest Bancorp, Inc. common stock on a 1-for-1 basis and are payable in cash upon distribution to the participant in accordance with the terms of the Plan.
F2	Between October 13, 2021 and December 15, 2021, the Reporting Person acquired 180.106 shares of First Midwest Bancorp, Inc. common stock pursuant to the dividend reinvestment feature under the Plan. The information in this report is based upon plan statements dated December 15, 2021 and January 14, 2022.

Content

Represents shares of phantom stock acquired pursuant to the First Midwest Bancorp, Inc. Deferred Compensation Plan for Nonemployee Directors (the "Plan") as a result of the deferral of quarterly directors fees paid in cash to the participant. The shares of phantom stock represent shares of First Midwest Bancorp, Inc. common stock on a 1-for-1 basis and are payable in cash upon distribution to the participant in accordance with the terms of the Plan.

Between October 13, 2021 and December 15, 2021, the Reporting Person acquired 180.106 shares of First Midwest Bancorp, Inc. common stock pursuant to the dividend reinvestment feature under the Plan. The information in this report is based upon plan statements dated December 15, 2021 and January 14, 2022.