DiMotta Jennifer - Sep 29, 2023 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
Director
Signature
/s/DiMotta, Jennifer
Stock symbol
MSBI
Transactions as of
Sep 29, 2023
Transactions value $
$4,219
Form type
4
Date filed
10/3/2023, 12:26 PM
Previous filing
Jul 3, 2023
Next filing
Jan 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MSBI Common Stock 205 Sep 29, 2023 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 Common Share Equivalent Award $4.22K +183 +2.1% $23.07 8.91K Sep 29, 2023 Common Stock 183 Direct F1, F2
holding MSBI Restricted Stock Unit 5.34K Sep 29, 2023 Common Stock 5.34K Direct F1
holding MSBI Restricted Stock Unit 2.01K Sep 29, 2023 Common Stock 2.01K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each common stock equivalent is the economic equivalent of one share of common stock.
F2 Represents common share equivalents acquired by the reporting person in the DDCP pursuant to the reinvestment of dividends received during the quarter on common share equivalents held in the DDCP by the reporting person at the time such dividend was paid on the underlying shares. Common share equivalents received for dividend reinvestments fully vested on the transaction date listed above and become payable upon termination of service as a director.
F3 Represents restricted stock units acquired by the reporting person under the 2019 Long-term incentive plan on the grant date. Each restricted stock unit is the contingent right to receive one share of Issuer common stock. Restricted stock units vest on March 31 the year following grant and vested shares will be delivered to the reporting person within 30 days of vesting.