Charles N. Funk - Feb 15, 2024 Form 4 Insider Report for MidWestOne Financial Group, Inc. (MOFG)

Role
Director
Signature
Kenneth R. Urmie, Corporate Secretary, for Charles N. Funk under Power of Attorney dated April 27, 2023
Stock symbol
MOFG
Transactions as of
Feb 15, 2024
Transactions value $
-$73,171
Form type
4
Date filed
2/20/2024, 05:55 PM
Previous filing
May 16, 2023
Next filing
May 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MOFG Common Stock Tax liability -$22.9K -937 -0.77% $24.48 121K Feb 15, 2024 Direct F1, F2
transaction MOFG Common Stock Award $0 +5.8K +4.8% $0.00 127K Feb 15, 2024 Direct F3, F4
transaction MOFG Common Stock Tax liability -$50.2K -2.05K -1.62% $24.48 125K Feb 15, 2024 Direct F5
holding MOFG Common Stock 6.95K Feb 15, 2024 By ESOP F6
* 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 208.208 Dividend Equivalents credited to unvested time-based RSUs in lieu of a cash dividend payment since the reporting person's last required Form filing. Amount reported was reduced by 0.648 cumulative fractional Dividend Equivalents on time-based RSUs, 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. common stock.
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 0.647 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 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 54 shares since the date of the reporting person's previous Form filing due to an allocation to his account.