DiMotta Jennifer - Mar 28, 2024 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
Director
Signature
/s/DiMotta, Jennifer
Stock symbol
MSBI
Transactions as of
Mar 28, 2024
Transactions value $
$4,473
Form type
4
Date filed
4/1/2024, 05:48 PM
Previous filing
Jan 3, 2024
Next filing
Jul 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSBI Common Stock Options Exercise $50.5K +2.01K +980% $25.13 2.21K Mar 31, 2024 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 $4.47K +177 +1.95% $25.22 9.27K Mar 28, 2024 Common Stock 177 Direct F1, F2
transaction MSBI Restricted Stock Unit Options Exercise -$50.5K -2.01K -100% $25.13 0 Mar 31, 2024 Common Stock 2.01K Direct F3
holding MSBI Restricted Stock Unit 5.34K Mar 28, 2024 Common Stock 5.34K Direct F1
* 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.