PHUPINDER GILL - 15 Oct 2021 Form 4 Insider Report for FIRST MIDWEST BANCORP INC

Role
Director
Signature
Andrea L. Stangl, Attorney-in-fact for Phupinder S. Gill
Issuer symbol
N/A
Transactions as of
15 Oct 2021
Net transactions value
+$16,876
Form type
4
Filing time
18 Oct 2021, 16:18:29 UTC
Previous filing
23 Jul 2021
Next filing
22 Oct 2021

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 $16,876 +871 +2.2% $19.38 39,966 15 Oct 2021 Common Stock 871 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 July 14, 2021 and October 12, 2021, the Reporting Person acquired 281.6019 shares of First Midwest Bancorp, Inc. common stock pursuant to the dividend reinvestment feature under the Plan. The information in this report is based on a plan statement dated October 12, 2021.