Ramos Richard T - Jun 28, 2024 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
Director
Signature
/s/Ramos Richard T
Stock symbol
MSBI
Transactions as of
Jun 28, 2024
Transactions value $
$59,064
Form type
4
Date filed
7/2/2024, 01:48 PM
Previous filing
Apr 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSBI Common Stock Award $45K +1.99K +12.8% $22.65 17.5K Jun 30, 2024 Direct F1, F2
holding MSBI Common Stock 500 Jun 28, 2024 By Daughter F3
holding MSBI Common Stock 500 Jun 28, 2024 By Son F3

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 $14.1K +600 +1.49% $23.45 41K Jun 28, 2024 Common Stock 600 Direct F4, F5
holding MSBI Restricted Stock Unit 4.99K Jun 28, 2024 Common Stock 4.99K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Annual Director Stock Award with immediate vesting schedule.
F2 Jointly owned with spouse.
F3 The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose
F4 Each common stock equivalent is the economic equivalent of one share of common stock.
F5 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.