Golden Deborah A - 30 Jun 2021 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
Director
Signature
/s/ Golden Deborah A
Issuer symbol
MSBI
Transactions as of
30 Jun 2021
Net transactions value
+$22,157
Form type
4
Filing time
01 Jul 2021, 11:14:07 UTC
Previous filing
10 May 2021
Next filing
01 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MSBI Common Stock 987 30 Jun 2021 Direct

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 Equivalents Award $3,137 +111 +1.2% $28.21 9,730 30 Jun 2021 Common Stock 111 Direct F1, F2
transaction MSBI Common Share Equivalents Award $19,019 +724 +7.4% $26.27 10,454 30 Jun 2021 Common Stock 724 Direct F1
transaction MSBI Restricted Stock Unit Award $0 +902 +57% $0.000000 2,487 30 Jun 2021 Common Stock 902 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each common stock equivalent is the economic equivalent of one share of common stock.
F2 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.
F3 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 30, 2022 and vested shares will be delivered to the reporting person based on the terms of the DDCP and the reporting persons distribution elections thereunder.