Barry S. Ray - Feb 15, 2022 Form 4 Insider Report for MidWestOne Financial Group, Inc. (MOFG)

Role
Senior EVP & CFO
Signature
Kenneth R. Urmie, Corporate Secretary, for Barry S. Ray under Power of Attorney dated January 20, 2021
Stock symbol
MOFG
Transactions as of
Feb 15, 2022
Transactions value $
-$15,188
Form type
4
Date filed
2/17/2022, 02:52 PM
Previous filing
Jun 16, 2021
Next filing
Jun 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MOFG Common Stock Award $0 +2.23K +21.23% $0.00 12.7K Feb 15, 2022 Direct F1, F2
transaction MOFG Common Stock Tax liability -$15.2K -484 -3.8% $31.38 12.3K Feb 15, 2022 Direct F3
holding MOFG Common Stock 444 Feb 15, 2022 ESOP F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units acquired pursuant to a grant of time-based restricted stock units which vest in three approximately equal annual installments beginning February 15, 2023.
F2 Includes 41.268 Dividend Equivalents credited to unvested time-based RSUs in lieu of a cash dividend payment since the reporting person's last required Form filing, less 1.537 accumulated fractional Dividend Equivalents paid out in cash upon vesting on February 15, 2022. Each whole Dividend Equivalent is the economic equivalent of one share of MidWestOne Financial Group, Inc. common stock.
F3 Restricted stock units withheld to pay payroll taxes due upon the vesting of restricted stock units from prior years' awards.
F4 Shares allocated to the reporting person's account from within the MidWestOne Financial Group, Inc. Employee Stock Ownership Plan, as of February 15, 2022. Reported shares have increased by 2 shares since the date of the reporting person's previous Form filing due to allocations to his account.