Tucker Douglas J. - 05 Nov 2023 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
05 Nov 2023
Net transactions value
+$186,231
Form type
4
Filing time
06 Nov 2023, 16:15:36 UTC
Previous filing
02 Nov 2023
Next filing
08 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSBI Common Stock Tax liability $9,534 -412 -1.6% $23.14 24,833 05 Nov 2023 Direct
transaction MSBI Common Stock Award $195,764 +8,460 +34% $23.14 33,293 06 Nov 2023 Direct F1
holding MSBI Series A Preferred Depositary Shares 4,300 05 Nov 2023 Douglas J. Tucker Revocable Trust dated 8/16/21

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) 11,566 05 Nov 2023 Common Stock 11,566 $23.00 Direct F2
holding MSBI Option (right to buy) 3,577 05 Nov 2023 Common Stock 3,577 $21.00 Direct F3
holding MSBI Option (right to buy) 5,405 05 Nov 2023 Common Stock 5,405 $28.59 Direct F4
holding MSBI Option (right to buy) 18,924 05 Nov 2023 Common Stock 18,924 $28.43 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 12/02/2014 date of grant.
F4 These options vest in four equal annual installments beginning one year after the 11/16/2016 date of grant.
F5 These options vest in four equal annual installments beginning one year after the 10/31/2022 date of grant.