McDaniel Jerry L. - May 20, 2022 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
Director
Signature
/s/ McDaniel Jerry L
Stock symbol
MSBI
Transactions as of
May 20, 2022
Transactions value $
$61,920
Form type
4
Date filed
5/23/2022, 09:19 AM
Previous filing
May 16, 2022
Next filing
Jul 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSBI Common Stock Purchase $61.9K +2.5K +50% $24.77 7.5K May 20, 2022 Jerry L McDaniel Revocable Trust F1
holding MSBI Common Stock 35K May 20, 2022 James H. McDaniel Revocable Trust F2
holding MSBI Common Stock 80K May 20, 2022 Evalia Enterprises, LLC. F2
holding MSBI Common Stock 13K May 20, 2022 Four Diamond Capital LLC F2
holding MSBI Common Stock 2.66K May 20, 2022 By Daughter F2
holding MSBI Common Stock 2.66K May 20, 2022 By Daughter F2
holding MSBI Common Stock 3.36K May 20, 2022 By Son F2
holding MSBI Common Stock 1.78K May 20, 2022 Direct F3

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 Common Share Equivalent 29.7K May 20, 2022 Common Stock 29.7K Direct F4
holding MSBI Restricted Stock Unit 2.06K May 20, 2022 Common Stock 2.06K 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 $24.7387 - $24.815 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 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 RSU with vesting schedule
F4 Each common stock equivalent is the economic equivalent of one share of common stock.
F5 Represents restricted stock units acquired by the reports person under the 2019 Long-Term Incentive Plan and deferred under the DDCP on the grant date. Each restricted stock unit is the contingent right to receive one share of Issuer common stock. Restricted stock units will fully vest on March 31, 2020 and vested shares will be delivered to the reporting person based on the terms of the DDCP and the reporting persons distribution elections thereunder.