Ludwig Jeffrey G. - 06 Jul 2021 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
President & CEO, Director
Signature
/s/ Ludwig Jeffrey G
Issuer symbol
MSBI
Transactions as of
06 Jul 2021
Net transactions value
+$123,251
Form type
4
Filing time
06 Jul 2021, 17:39:26 UTC
Previous filing
01 Jul 2021
Next filing
01 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSBI Common Stock Options Exercise $123,251 +8,356 +3.9% $14.75 221,382 06 Jul 2021 Direct
holding MSBI Common Stock 11,569 06 Jul 2021 JQ Properties F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MSBI Option (right to buy) Options Exercise $0 -8,356 -100% $0.000000* 0 06 Jul 2021 Common Stock 8,356 $14.75 Direct F2
holding MSBI Option (right to buy) 11,790 06 Jul 2021 Common Stock 11,790 $18.16 Direct F3
holding MSBI Option (right to buy) 8,075 06 Jul 2021 Common Stock 8,075 $16.00 Direct F4
holding MSBI Option (right to buy) 16,800 06 Jul 2021 Common Stock 16,800 $23.00 Direct F5
holding MSBI Option (right to buy) 9,482 06 Jul 2021 Common Stock 9,482 $16.59 Direct F6
holding MSBI Option (right to buy) 12,753 06 Jul 2021 Common Stock 12,753 $21.00 Direct F7
holding MSBI Option (right to buy) 60,000 06 Jul 2021 Common Stock 60,000 $18.00 Direct F8
holding MSBI Option (right to buy) 8,383 06 Jul 2021 Common Stock 8,383 $28.59 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose
F2 These options vest in four equal annual installments beginning one year after the 12/16/2011 date of grant.
F3 These options vest in four equal annual installments beginning one year after the 12/06/2010 date of grant.
F4 These options vest in four equal annual installments beginning one year after the 12/13/2012 date of grant.
F5 These options vest in four equal annual installments beginning one year after the 11/03/2015 date of grant.
F6 These options vest in four equal annual installments beginning one year after the 12/10/2013 date of grant.
F7 These options vest in four equal annual installments beginning one year after the 12/02/2014 date of grant.
F8 Options vested on 12/31/2017.
F9 These options vest in four equal annual installments beginning one year after the 11/16/2016 date of grant.