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

Role
President
Signature
/s/Mefford Jeffrey S
Stock symbol
MSBI
Transactions as of
Jun 12, 2024
Transactions value $
-$57,168
Form type
4
Date filed
6/13/2024, 04:23 PM
Previous filing
Nov 8, 2023
Next filing
Nov 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSBI Common Stock Options Exercise $53.3K +2.96K +6.44% $18.00 49K Jun 12, 2024 Direct
transaction MSBI Common Stock Tax liability -$57.2K -2.55K -5.21% $22.41 46.4K Jun 12, 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 -$53.3K -2.96K -100% $18.00 0 Jun 12, 2024 Common Stock 2.96K $18.00 Direct F1
holding MSBI Option (right to buy) 10.7K Jun 12, 2024 Common Stock 10.7K $23.00 Direct F2
holding MSBI Option (right to buy) 7.89K Jun 12, 2024 Common Stock 7.89K $21.00 Direct F3
holding MSBI Option (right to buy) 5.34K Jun 12, 2024 Common Stock 5.34K $28.59 Direct F4
holding MSBI Option (right to buy) 29.1K Jun 12, 2024 Common Stock 29.1K $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.