Len D. Devaisher - Aug 15, 2023 Form 4 Insider Report for MidWestOne Financial Group, Inc. (MOFG)

Role
President and COO
Signature
Kenneth R. Urmie, Corporate Secretary, for Len D. Devaisher under Power of Attorney dated April 21, 2023
Stock symbol
MOFG
Transactions as of
Aug 15, 2023
Transactions value $
-$36,262
Form type
4
Date filed
8/16/2023, 10:35 AM
Previous filing
May 3, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MOFG Common Stock Tax liability -$7.31K -327 -1.78% $22.37 18K Aug 15, 2023 Direct F1, F2
transaction MOFG Common Stock Award $0 +4.26K +23.62% $0.00 22.3K Aug 15, 2023 Direct F3
transaction MOFG Common Stock Tax liability -$28.9K -1.29K -5.8% $22.37 21K Aug 15, 2023 Direct F4, F5
holding MOFG Common Stock 505 Aug 15, 2023 ESOP F6
holding MOFG Common Stock 2K Aug 15, 2023 Held in IRA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to pay payroll taxes due upon the vesting of time-based restricted stock units from prior years' awards.
F2 Includes 70.718 Dividend Equivalents credited to unvested time-based RSUs in lieu of a cash dividend payment since the reporting person's last required Form filing, less 0.442 cumulative fractional Dividend Equivalents paid out in cash upon vesting on August 15, 2023. Each whole Dividend Equivalent is the economic equivalent of one share of MidWestOne Financial Group, Inc. stock. Also includes 41.861 shares acquired through dividend reinvestment since the reporting person's last required Form filing.
F3 Shares of common stock acquired upon settlement of performance stock unit award granted to the reporting person on August 15, 2020.
F4 Shares withheld to pay payroll taxes due upon the vesting of the above-referenced performance stock unit award on August 15, 2023.
F5 Amount reported was reduced by 0.339 fractional Dividend Equivalent on the performance RSUs, paid out in cash upon vesting on August 15, 2023.
F6 Shares allocated to the reporting person's account from within the MidWestOne Financial Group, Inc. Employee Stock Ownership Plan, as of August 15, 2023. Reported shares have increased by 505 shares since the date of the reporting person's previous Form filing due to an allocation to his account.