Lemke Eric - Nov 5, 2023 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
Chief Financial Officer
Signature
/s/Lemke Eric
Stock symbol
MSBI
Transactions as of
Nov 5, 2023
Transactions value $
$195,186
Form type
4
Date filed
11/6/2023, 04:06 PM
Previous filing
Nov 2, 2023
Next filing
Nov 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSBI Common Stock Tax liability -$7.29K -315 -2.12% $23.14 14.5K Nov 5, 2023 Direct
transaction MSBI Common Stock Award $202K +8.75K +60.27% $23.14 23.3K Nov 6, 2023 Direct F1

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
holding MSBI Option (right to buy) 19.2K Nov 5, 2023 Common Stock 19.2K $28.43 Direct F2
* 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 10/31/2022 date of grant.