James Randall Stewart - Oct 31, 2022 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Signature
/s/ Stewart James R
Stock symbol
MSBI
Transactions as of
Oct 31, 2022
Transactions value $
$74,786
Form type
4
Date filed
11/2/2022, 02:13 PM
Previous filing
Nov 16, 2021
Next filing
Nov 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSBI Common Sock Award $86.5K +3.04K +12.16% $28.43 28.1K Oct 31, 2022 Direct F1
transaction MSBI Common Sock Tax liability -$11.7K -417 -1.49% $28.12 27.7K 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 +17.2K $0.00 17.2K Oct 31, 2022 Common Stock 17.2K $28.43 Direct
holding MSBI Option (right to buy) 6.76K Oct 31, 2022 Common Stock 6.76K $23.00 Direct F2
holding MSBI Option (right to buy) 1.03K Oct 31, 2022 Common Stock 1.03K $16.59 Direct F3
holding MSBI Option (right to buy) 2.7K Oct 31, 2022 Common Stock 2.7K $21.00 Direct F4
holding MSBI Option (right to buy) 4.53K Oct 31, 2022 Common Stock 4.53K $28.59 Direct F5
* 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 12/10/2013 date of grant.
F4 These options vest in four equal annual installments beginning one year after the 12/02/2014 date of grant.
F5 These options vest in four equal annual installments beginning one year after the 11/16/2016 date of grant.