Mefford Jeffrey S. - Feb 18, 2022 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
President
Signature
/s/ Mefford Jeffrey S
Stock symbol
MSBI
Transactions as of
Feb 18, 2022
Transactions value $
-$196,806
Form type
4
Date filed
2/18/2022, 11:35 AM
Previous filing
Feb 1, 2022
Next filing
May 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSBI Common Stock Sale -$197K -6.6K -18.8% $29.81 28.5K Feb 18, 2022 Direct 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
holding MSBI Option (right to buy) 9.52K Feb 18, 2022 Common Stock 9.52K $18.16 Direct F2
holding MSBI Option (right to buy) 5.5K Feb 18, 2022 Common Stock 5.5K $16.00 Direct F3
holding MSBI Option (right to buy) 10.7K Feb 18, 2022 Common Stock 10.7K $23.00 Direct F4
holding MSBI Option (right to buy) 6.66K Feb 18, 2022 Common Stock 6.66K $16.59 Direct F5
holding MSBI Option (right to buy) 7.89K Feb 18, 2022 Common Stock 7.89K $21.00 Direct F6
holding MSBI Option (right to buy) 10K Feb 18, 2022 Common Stock 10K $18.00 Direct F7
holding MSBI Option (right to buy) 5.34K Feb 18, 2022 Common Stock 5.34K $28.59 Direct F8
* 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 $29.69 - $29.91 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 12/06/2010 date of grant.
F3 These options vest in four equal annual installments beginning one year after the 12/13/2012 date of grant.
F4 These options vest in four equal annual installments beginning one year after the 11/03/2015 date of grant.
F5 These options vest in four equal annual installments beginning one year after the 12/10/2013 date of grant.
F6 These options vest in four equal annual installments beginning one year after the 12/02/2014 date of grant.
F7 Options vested on 12/31/2017.
F8 These options vest in four equal annual installments beginning one year after the 11/16/2016 date of grant.