Tucker Douglas J. - Oct 31, 2022 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
SVP Corporate Counsel
Signature
/s/ Tucker Douglas J
Stock symbol
MSBI
Transactions as of
Oct 31, 2022
Transactions value $
$82,190
Form type
4
Date filed
11/2/2022, 02:10 PM
Previous filing
Dec 13, 2021
Next filing
Nov 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSBI Common Stock Award $95K +3.34K +14.03% $28.43 27.2K Oct 31, 2022 Direct F1
transaction MSBI Common Stock Tax liability -$12.8K -456 -1.68% $28.12 26.7K Nov 1, 2022 Direct

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 Option (right to buy) Award $0 +18.9K $0.00 18.9K Oct 31, 2022 Common Stock 18.9K $28.43 Direct
holding MSBI Option (right to buy) 11.6K Oct 31, 2022 Common Stock 11.6K $23.00 Direct F2
holding MSBI Option (right to buy) 3.58K Oct 31, 2022 Common Stock 3.58K $21.00 Direct F3
holding MSBI Option (right to buy) 5.41K Oct 31, 2022 Common Stock 5.41K $28.59 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSA with 4yr - 25% vesting schedule
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 These options vest in four equal annual installments beginning one year after the 11/16/2016 date of grant.