Mefford Jeffrey S. - Nov 6, 2024 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
President
Signature
/s/ Mefford Jeffrey S
Stock symbol
MSBI
Transactions as of
Nov 6, 2024
Transactions value $
$314,438
Form type
4
Date filed
11/7/2024, 03:17 PM
Previous 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 -$26.7K -954 -2.09% $27.96 44.7K Nov 6, 2024 Direct
transaction MSBI Common Stock Award $341K +12.2K +27.27% $27.96 56.9K Nov 7, 2024 Direct 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) 10.7K Nov 6, 2024 Common Stock 10.7K $23.00 Direct F2
holding MSBI Option (right to buy) 5.34K Nov 6, 2024 Common Stock 5.34K $28.59 Direct F3
holding MSBI Option (right to buy) 29.1K Nov 6, 2024 Common Stock 29.1K $28.43 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSA with 4yr - 25% vesting schedule
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.