Frank Blaise Modruson - 19 Jan 2022 Form 4 Insider Report for FIRST MIDWEST BANCORP INC

Role
Director
Signature
Andrea L. Stangl, Attorney-in-fact for Frank B. Modruson
Issuer symbol
N/A
Transactions as of
19 Jan 2022
Net transactions value
+$13,747
Form type
4
Filing time
21 Jan 2022, 16:40:36 UTC
Previous filing
14 Dec 2021
Next filing
17 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FMBI Common Stock Award $13,747 +624 +4% $22.03 16,208 19 Jan 2022 Direct F1, F2
holding FMBI Common Stock 8,444 19 Jan 2022 By Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of stock granted pursuant to the Amended and Restated First Midwest Bancorp, Inc. Non-Employee Director Stock Plan. This award represents the fourth payment for 2021 of the equity portion of the Reporting Person's annual director compensation, which is paid in equal installments on a quarterly basis and may be paid, at the Reporting Person's option, in cash or stock. The number of shares represented by this award was determined by dividing the dollar value of the award by the price shown, which is the average high and low sale price of First Midwest Bancorp, Inc.'s common stock on the date of grant.
F2 Between October 13, 2021 and December 15, 2021, the Reporting Person acquired 108.5543 shares of First Midwest Bancorp, Inc. common stock pursuant to the First Midwest Bancorp, Inc. Dividend Reinvestment Plan. The information in this report is based upon statements dated December 15, 2021 and January 19, 2022.