Ludwig Jeffrey G. - Nov 1, 2021 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
President & CEO, Director
Signature
/s/ Ludwig Jeffrey G
Stock symbol
MSBI
Transactions as of
Nov 1, 2021
Transactions value $
$0
Form type
4
Date filed
11/2/2021, 03:00 PM
Previous filing
Oct 1, 2021
Next filing
Nov 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSBI Common Stock Award $0 +14.5K +6.54% $0.00 236K Nov 1, 2021 Direct F1
holding MSBI Common Stock 11.6K Nov 1, 2021 JQ Properties 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
holding MSBI Option (right to buy) 11.8K Nov 1, 2021 Common Stock 11.8K $18.16 Direct F3
holding MSBI Option (right to buy) 8.08K Nov 1, 2021 Common Stock 8.08K $16.00 Direct F4
holding MSBI Option (right to buy) 16.8K Nov 1, 2021 Common Stock 16.8K $23.00 Direct F5
holding MSBI Option (right to buy) 9.48K Nov 1, 2021 Common Stock 9.48K $16.59 Direct F6
holding MSBI Option (right to buy) 12.8K Nov 1, 2021 Common Stock 12.8K $21.00 Direct F7
holding MSBI Option (right to buy) 60K Nov 1, 2021 Common Stock 60K $18.00 Direct F8
holding MSBI Option (right to buy) 8.38K Nov 1, 2021 Common Stock 8.38K $28.59 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSA with 4yr - 25% vesting schedule
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 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.