David E. Lindstrom - Feb 15, 2024 Form 4 Insider Report for MidWestOne Financial Group, Inc. (MOFG)

Role
EVP, Consumer Banking
Signature
Kenneth R. Urmie, Corporate Secretary, for David E. Lindstrom under Power of Attorney dated April 21, 2023
Stock symbol
MOFG
Transactions as of
Feb 15, 2024
Transactions value $
-$31,971
Form type
4
Date filed
2/20/2024, 05:44 PM
Previous filing
May 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MOFG Common Stock Tax liability -$12.2K -497 -5.41% $24.48 8.69K Feb 15, 2024 Direct F1, F2
transaction MOFG Common Stock Award $0 +2.25K +25.92% $0.00 10.9K Feb 15, 2024 Direct F3, F4
transaction MOFG Common Stock Tax liability -$19.8K -809 -7.4% $24.48 10.1K Feb 15, 2024 Direct F5
transaction MOFG Common Stock Award $0 +1.8K +17.75% $0.00 11.9K Feb 15, 2024 Direct F6
holding MOFG Common Stock 1.4K Feb 15, 2024 By ESOP F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to pay payroll taxes due upon the vesting of time-based restricted stock units from prior years' awards.
F2 Includes 83.768 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 1.069 cumulative fractional Dividend Equivalents paid out in cash upon vesting on February 15, 2024. Each whole Dividend Equivalent is the economic equivalent of one share of MidWestOne Financial Group, Inc. stock. Also includes 189.09 shares acquired through dividend reinvestment since the reporting person's last required Form filing.
F3 Shares of common stock acquired upon settlement of performance stock unit award granted to the reporting person on February 15, 2021.
F4 Amount reported was reduced by 0.22 fractional Dividend Equivalent on the performance RSUs, paid out in cash upon vesting on February 15, 2024.
F5 Shares withheld to pay payroll taxes due upon the vesting of the above-referenced performance stock unit award on February 15, 2024.
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, 2025.
F7 Shares allocated to the reporting person's account from within the MidWestOne Financial Group, Inc. Employee Stock Ownership Plan, as of December 31, 2023. Reported shares have increased by 561 shares since the date of the reporting person's previous Form filing due to allocations to his account.