Ludwig Jeffrey G. - Oct 31, 2024 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Signature
/s/Ludwig Jeffrey G
Stock symbol
MSBI
Transactions as of
Oct 31, 2024
Transactions value $
-$43,102
Form type
4
Date filed
11/4/2024, 03:39 PM
Previous filing
Oct 29, 2024
Next filing
Nov 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSBI Common Stock Tax liability -$16.8K -677 -0.2% $24.81 343K Oct 31, 2024 Direct
transaction MSBI Common Stock Tax liability -$26.3K -1.06K -0.31% $24.77 342K Nov 1, 2024 Direct
holding MSBI Common Stock 11.6K Oct 31, 2024 JQ Properties F1

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
holding MSBI Option (right to buy) 16.8K Oct 31, 2024 Common Stock 16.8K $23.00 Direct F2
holding MSBI Option (right to buy) 8.38K Oct 31, 2024 Common Stock 8.38K $28.59 Direct F3
holding MSBI Option (right to buy) 52.3K Oct 31, 2024 Common Stock 52.3K $28.43 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 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 11/16/2016 date of grant.
F4 These options vest in four equal annual installments beginning one year after the 10/31/2022 date of grant.