McDaniel Jerry L. - Sep 30, 2024 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
Director
Signature
/s/McDaniel Jerry L
Stock symbol
MSBI
Transactions as of
Sep 30, 2024
Transactions value $
$10,987
Form type
4
Date filed
10/2/2024, 08:31 AM
Previous filing
Jul 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MSBI Common Stock 13K Sep 30, 2024 Four Diamond Capital LLC F1
holding MSBI Common Stock 2.66K Sep 30, 2024 By Daughter F1
holding MSBI Common Stock 2.66K Sep 30, 2024 By Daughter F1
holding MSBI Common Stock 3.36K Sep 30, 2024 By Son F1
holding MSBI Common Stock 89.3K Sep 30, 2024 Jerry L McDaniel Revocable Trust
holding MSBI Common Stock 5.66K Sep 30, 2024 Direct
holding MSBI Depositary shares 20K Sep 30, 2024 Jerry L McDaniel Revocable Trust

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 $11K +507 +1.52% $21.66 33.9K Sep 30, 2024 Common Stock 507 Direct F2, F3
holding MSBI Restricted Stock Unit 2.06K Sep 30, 2024 Common Stock 2.06K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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
F2 Each common stock equivalent is the economic equivalent of one share of common stock.
F3 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.
F4 Represents restricted stock units acquired by the reports person under the 2019 Long-Term Incentive Plan and deferred under the DDCP on the grant date. Each restricted stock unit is the contingent right to receive one share of Issuer common stock. Restricted stock units will fully vest on March 31, 2020 and vested shares will be delivered to the reporting person based on the terms of the DDCP and the reporting persons distribution elections thereunder.