Mefford Jeffrey S. - 28 Dec 2021 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
President
Signature
/s/ Mefford Jeffrey S
Issuer symbol
MSBI
Transactions as of
28 Dec 2021
Net transactions value
-$306,180
Form type
4
Filing time
29 Dec 2021, 14:02:23 UTC
Previous filing
16 Nov 2021
Next filing
01 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSBI Common Stock Sale $306,180 -12,179 -20% $25.14 47,289 28 Dec 2021 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) 9,520 28 Dec 2021 Common Stock 9,520 $18.16 Direct F2
holding MSBI Option (right to buy) 5,500 28 Dec 2021 Common Stock 5,500 $16.00 Direct F3
holding MSBI Option (right to buy) 10,702 28 Dec 2021 Common Stock 10,702 $23.00 Direct F4
holding MSBI Option (right to buy) 6,661 28 Dec 2021 Common Stock 6,661 $16.59 Direct F5
holding MSBI Option (right to buy) 7,885 28 Dec 2021 Common Stock 7,885 $21.00 Direct F6
holding MSBI Option (right to buy) 10,000 28 Dec 2021 Common Stock 10,000 $18.00 Direct F7
holding MSBI Option (right to buy) 5,341 28 Dec 2021 Common Stock 5,341 $28.59 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $25.03 - $25.195 inclusive. The reporting person undertakes to provide to Midland States Bancorp, Inc., any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the ranges set forth in this footnote.
F2 These options vest in four equal annual installments beginning one year after the 12/06/2010 date of grant.
F3 These options vest in four equal annual installments beginning one year after the 12/13/2012 date of grant.
F4 These options vest in four equal annual installments beginning one year after the 11/03/2015 date of grant.
F5 These options vest in four equal annual installments beginning one year after the 12/10/2013 date of grant.
F6 These options vest in four equal annual installments beginning one year after the 12/02/2014 date of grant.
F7 Options vested on 12/31/2017.
F8 These options vest in four equal annual installments beginning one year after the 11/16/2016 date of grant.