Brunoehler Jeffrey A. - Nov 10, 2021 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
SVP Credit - CCO
Signature
/s/ Brunoehler Jeffrey A
Stock symbol
MSBI
Transactions as of
Nov 10, 2021
Transactions value $
-$17,781
Form type
4
Date filed
11/12/2021, 08:35 AM
Previous filing
Nov 9, 2021
Next filing
Nov 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSBI Common Stock Sale -$17.8K -693 -2.78% $25.66 24.2K Nov 10, 2021 Direct F1, F2
holding MSBI Common Stock 20.3K Nov 10, 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) 9.58K Nov 10, 2021 Common Stock 9.58K $23.00 Direct F3
holding MSBI Option (right to buy) 6.41K Nov 10, 2021 Common Stock 6.41K $21.00 Direct F4
holding MSBI Option (right to buy) 10K Nov 10, 2021 Common Stock 10K $18.00 Direct F5
holding MSBI Option (right to buy) 4.48K Nov 10, 2021 Common Stock 4.48K $28.59 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a transaction executed pursuant to a Rule 10b5-1 trading plan, a copy of which is on file with the issuer and will be provided to the SEC upon request.
F2 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $25.53 - $25.795 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.
F3 These options vest in four equal annual installments beginning one year after the 11/03/2015 date of grant.
F4 These options vest in four equal annual installments beginning one year after the 12/02/2014 date of grant.
F5 Options vested on 12/31/2017.
F6 These options vest in four equal annual installments beginning one year after the 11/16/2016 date of grant.