Phupinder Gill - Jan 14, 2022 Form 4 Insider Report for FIRST MIDWEST BANCORP INC (FMBI)

Role
Director
Signature
Andrea L. Stangl, Attorney-in-fact for Phupinder S. Gill
Stock symbol
FMBI
Transactions as of
Jan 14, 2022
Transactions value $
$16,875
Form type
4
Date filed
1/18/2022, 08:57 PM
Previous filing
Oct 22, 2021
Next filing
Jan 21, 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 $16.9K +751 +1.87% $22.48 41K Jan 14, 2022 Common Stock 751 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.