Bingham R. Dean - Dec 31, 2021 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
Director
Signature
/s/ Bingham, R. Dean
Stock symbol
MSBI
Transactions as of
Dec 31, 2021
Transactions value $
$10,852
Form type
4
Date filed
1/4/2022, 10:52 AM
Previous filing
Oct 1, 2021
Next filing
Apr 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MSBI Common Stock 17.5K Dec 31, 2021 Direct
holding MSBI Common Stock 1K Dec 31, 2021 IRA 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 Common Share Equivalent Award $2.58K +103 +1.58% $25.00 6.63K Dec 31, 2021 Common stock 103 Direct F2, F3
transaction MSBI Common Share Equivalent Award $8.27K +334 +5.03% $24.79 6.96K Dec 31, 2021 Common stock 334 Direct F2, F4
holding MSBI Common Share Equivalent 2.7K Dec 31, 2021 Common Stock 2.7K Direct F5
* 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 Represents common share equivalents held pursuant to Directors Deferred Compensation Plan as of the date of this form. Each common share equivalent is the economic equivalent of one share of common stock. Common stock equivalents become payable upon the reporting persons termination of service as a director.
F3 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.
F4 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.
F5 Each common stock equivalent is the economic equivalent of one share of common stock.