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

Role
SVP Corporate Counsel
Signature
/s/ Tucker Douglas J
Issuer symbol
MSBI
Transactions as of
31 Oct 2022
Net transactions value
+$82,190
Form type
4
Filing time
02 Nov 2022, 14:10:52 UTC
Previous filing
13 Dec 2021
Next filing
08 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSBI Common Stock Award $95,013 +3,342 +14% $28.43 27,160 31 Oct 2022 Direct F1
transaction MSBI Common Stock Tax liability $12,823 -456 -1.7% $28.12 26,704 01 Nov 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 +18,924 $0.000000 18,924 31 Oct 2022 Common Stock 18,924 $28.43 Direct
holding MSBI Option (right to buy) 11,566 31 Oct 2022 Common Stock 11,566 $23.00 Direct F2
holding MSBI Option (right to buy) 3,577 31 Oct 2022 Common Stock 3,577 $21.00 Direct F3
holding MSBI Option (right to buy) 5,405 31 Oct 2022 Common Stock 5,405 $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.