Smith Jeffrey C. - 30 Sep 2021 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role: Director
Signature: /s/ Smith Jeffrey C
Issuer symbol: MSBI
Transactions as of: 30 Sep 2021
Net transactions value: +$1,868
Form type: 4
Filing time: 01 Oct 2021, 13:55:13 UTC
Previous filing: 14 Sep 2021
Next filing: 04 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	MSBI	Common Stock						31,776	30 Sep 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 Equivalent	Award	$1,868	+73	+32%	$25.43	300	30 Sep 2021	Common Stock	73		Direct	F1, F2
holding	MSBI	Restricted Stock Unit						6,444	30 Sep 2021	Common Stock	6,444		Direct	F1

* 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.

Content

Each common stock equivalent is the economic equivalent of one share of common stock.

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.