Brunoehler Jeffrey A. - 08 Nov 2021 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
SVP Credit - CCO
Signature
/s/ Brunoehler Jeffrey A
Issuer symbol
MSBI
Transactions as of
08 Nov 2021
Net transactions value
-$42,208
Form type
4
Filing time
09 Nov 2021, 17:50:10 UTC
Previous filing
08 Nov 2021
Next filing
12 Nov 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 Tax liability $7,436 -288 -1.1% $25.82 26,289 08 Nov 2021 Direct
transaction MSBI Common Stock Sale $34,772 -1,362 -5.2% $25.53 24,927 09 Nov 2021 Direct F1
holding MSBI Common Stock 20,324 08 Nov 2021 Jeffrey A Brunoehler Revocable Living Trust

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) 9,576 08 Nov 2021 Common Stock 9,576 $23.00 Direct F2
holding MSBI Option (right to buy) 6,406 08 Nov 2021 Common Stock 6,406 $21.00 Direct F3
holding MSBI Option (right to buy) 10,000 08 Nov 2021 Common Stock 10,000 $18.00 Direct F4
holding MSBI Option (right to buy) 4,475 08 Nov 2021 Common Stock 4,475 $28.59 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $25.27 - $25.72 inclusive. The reporting person undertakes to provide to Midland States Bancorp, Inc., any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the ranges set forth in this footnote.
F2 These options vest in four equal annual installments beginning one year after the 11/03/2015 date of grant.
F3 These options vest in four equal annual installments beginning one year after the 12/02/2014 date of grant.
F4 Options vested on 12/31/2017.
F5 These options vest in four equal annual installments beginning one year after the 11/16/2016 date of grant.