Ramos Richard T - Sep 30, 2021 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
Director
Signature
/s/ Ramos Richard T
Stock symbol
MSBI
Transactions as of
Sep 30, 2021
Transactions value $
$19,246
Form type
4
Date filed
10/1/2021, 01:51 PM
Previous filing
Jul 1, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MSBI Common Stock 11.8K Sep 30, 2021 Direct F1
holding MSBI Common Stock 500 Sep 30, 2021 By Daughter F2
holding MSBI Common Stock 500 Sep 30, 2021 By Son F2

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 Common Share Equivalent Award $11K +432 +1.26% $25.43 34.6K Sep 30, 2021 Common Stock 432 Direct F3, F4
transaction MSBI Common Share Equivalent Award $8.27K +334 +0.97% $24.73 35K Sep 30, 2021 Common Stock 334 Direct F3, F5
holding MSBI Restricted Stock Unit 4.99K Sep 30, 2021 Common Stock 4.99K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Jointly owned with spouse.
F2 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
F3 Each common stock equivalent is the economic equivalent of one share of common stock.
F4 Represents common share equivalents acquired by the reporting person in the DDCP pursuant to the reinvestment of dividends received during the quarter on common share equivalents held in the DDCP by the reporting person at the time such dividend was paid on the underlying shares. Common share equivalents received for dividend reinvestments fully vested on the transaction date listed above and become payable upon termination of service as a director.
F5 Represents common share equivalents acquired by the reporting person under the Issuers Directors Deferred Compensation Plan (DDCP) with respect to director fees deferred by the reporting person during the quarter, based upon the closing price of the underlying shares on the last day of the quarter. Each common share equivalent is the economic equivalent of one share of common stock. Common share equivalents received for deferred director fees fully vested on the transaction date listed above and become payable upon termination of service as a director.