Tucker Douglas J. - Nov 5, 2023 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
SVP Corporate Counsel
Signature
/s/Tucker Douglas J
Stock symbol
MSBI
Transactions as of
Nov 5, 2023
Transactions value $
$186,231
Form type
4
Date filed
11/6/2023, 04:15 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 -$9.53K -412 -1.63% $23.14 24.8K Nov 5, 2023 Direct
transaction MSBI Common Stock Award $196K +8.46K +34.07% $23.14 33.3K Nov 6, 2023 Direct F1
holding MSBI Series A Preferred Depositary Shares 4.3K Nov 5, 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) 11.6K Nov 5, 2023 Common Stock 11.6K $23.00 Direct F2
holding MSBI Option (right to buy) 3.58K Nov 5, 2023 Common Stock 3.58K $21.00 Direct F3
holding MSBI Option (right to buy) 5.41K Nov 5, 2023 Common Stock 5.41K $28.59 Direct F4
holding MSBI Option (right to buy) 18.9K Nov 5, 2023 Common Stock 18.9K $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.