James M. Cantrell - 15 Feb 2023 Form 4 Insider Report for MidWestOne Financial Group, Inc. (MOFG)

Signature
Kenneth R. Urmie, Corporate Secretary, under Power of Attorney for James M. Cantrell, dated January 20, 2021
Issuer symbol
MOFG
Transactions as of
15 Feb 2023
Net transactions value
-$34,934
Form type
4
Filing time
17 Feb 2023, 17:47:47 UTC
Previous filing
17 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MOFG Common Stock Tax liability $17,839 -576 -3.5% $30.97 15,794 15 Feb 2023 Direct F1, F2
transaction MOFG Common Stock Award $0 +1,694 +11% $0.000000 17,487 15 Feb 2023 Direct F3, F4
transaction MOFG Common Stock Tax liability $17,095 -552 -3.2% $30.97 16,935 15 Feb 2023 Direct F5
transaction MOFG Common Stock Award $0 +1,033 +6.1% $0.000000 17,968 15 Feb 2023 Direct F6
holding MOFG Common Stock 3,859 15 Feb 2023 By ESOP F7
holding MOFG Common Stock 500 15 Feb 2023 By IRA
* 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 85.723 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 0.755 cumulative fractional Dividend Equivalents paid out in cash upon vesting on February 15, 2023. Each whole Dividend Equivalent is the economic equivalent of one share of MidWestOne Financial Group, Inc. stock.
F3 Shares of common stock acquired upon settlement of performance stock unit award granted to the reporting person on February 15, 2020.
F4 Amount reported was reduced by 0.792 fractional Dividend Equivalent on the performance RSUs, paid out in cash upon vesting on February 15, 2023.
F5 Shares withheld to pay payroll taxes due upon the vesting of the above-referenced performance stock unit award on February 15, 2023.
F6 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, 2024.
F7 Shares allocated to the reporting person's account from within the MidWestOne Financial Group, Inc. Employee Stock Ownership Plan, as of February 15, 2023. Reported shares have increased by 560 shares since the date of the reporting person's previous Form filing due to allocations to his account.