Mefford Jeffrey S. - 12 Jun 2024 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
President
Signature
/s/Mefford Jeffrey S
Issuer symbol
MSBI
Transactions as of
12 Jun 2024
Net transactions value
-$57,168
Form type
4
Filing time
13 Jun 2024, 16:23:09 UTC
Previous filing
08 Nov 2023
Next filing
04 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSBI Common Stock Options Exercise $53,298 +2,961 +6.4% $18.00 48,968 12 Jun 2024 Direct
transaction MSBI Common Stock Tax liability $57,168 -2,551 -5.2% $22.41 46,417 12 Jun 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 Option (right to buy) Options Exercise $53,298 -2,961 -100% $18.00 0 12 Jun 2024 Common Stock 2,961 $18.00 Direct F1
holding MSBI Option (right to buy) 10,702 12 Jun 2024 Common Stock 10,702 $23.00 Direct F2
holding MSBI Option (right to buy) 7,885 12 Jun 2024 Common Stock 7,885 $21.00 Direct F3
holding MSBI Option (right to buy) 5,341 12 Jun 2024 Common Stock 5,341 $28.59 Direct F4
holding MSBI Option (right to buy) 29,133 12 Jun 2024 Common Stock 29,133 $28.43 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options vested on 12/31/2017.
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.