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

Role
Chief Risk Officer
Signature
/s/ Stewart James R
Issuer symbol
MSBI
Transactions as of
31 Oct 2022
Net transactions value
+$74,786
Form type
4
Filing time
02 Nov 2022, 14:13:00 UTC
Previous filing
16 Nov 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 Sock Award $86,512 +3,043 +12% $28.43 28,067 31 Oct 2022 Direct F1
transaction MSBI Common Sock Tax liability $11,726 -417 -1.5% $28.12 27,650 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 +17,231 $0.000000 17,231 31 Oct 2022 Common Stock 17,231 $28.43 Direct
holding MSBI Option (right to buy) 6,759 31 Oct 2022 Common Stock 6,759 $23.00 Direct F2
holding MSBI Option (right to buy) 1,031 31 Oct 2022 Common Stock 1,031 $16.59 Direct F3
holding MSBI Option (right to buy) 2,697 31 Oct 2022 Common Stock 2,697 $21.00 Direct F4
holding MSBI Option (right to buy) 4,532 31 Oct 2022 Common Stock 4,532 $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.