Ludwig Jeffrey G. - 31 Mar 2022 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
President & CEO, Director
Signature
/s/ Ludwig Jeffrey G
Issuer symbol
MSBI
Transactions as of
31 Mar 2022
Net transactions value
+$32,542
Form type
4
Filing time
01 Apr 2022, 11:43:55 UTC
Previous filing
04 Jan 2022
Next filing
01 Jul 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 Award $7,532 +261 +0.11% $28.86 233,433 31 Mar 2022 Direct F1
transaction MSBI Common Stock Award $25,010 +1,121 +0.48% $22.31 234,554 31 Mar 2022 Direct F2
holding MSBI Common Stock 11,569 31 Mar 2022 JQ Properties F3

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) 11,790 31 Mar 2022 Common Stock 11,790 $18.16 Direct F4
holding MSBI Option (right to buy) 8,075 31 Mar 2022 Common Stock 8,075 $16.00 Direct F5
holding MSBI Option (right to buy) 16,800 31 Mar 2022 Common Stock 16,800 $23.00 Direct F6
holding MSBI Option (right to buy) 9,482 31 Mar 2022 Common Stock 9,482 $16.59 Direct F7
holding MSBI Option (right to buy) 12,753 31 Mar 2022 Common Stock 12,753 $21.00 Direct F8
holding MSBI Option (right to buy) 60,000 31 Mar 2022 Common Stock 60,000 $18.00 Direct F9
holding MSBI Option (right to buy) 8,383 31 Mar 2022 Common Stock 8,383 $28.59 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares acquired by the reporting person in the ESPP pursuant to the reinvestment of dividends received during the quarter on shares held in the ESPP by the reporting person at the time such dividend was paid.
F2 Represents shares acquired by the reporting person through contributions to the Employee Stock Purchase Plan of the Issuer (ESPP). for the calendar quarter. Pursuant to the ESPP, the price used for each quarterly purchase is the lower of 90% of the fair market of the Issuers shares on the first day of the calendar quarter or the closing price of the shares on the last day of the quarter.
F3 The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose
F4 These options vest in four equal annual installments beginning one year after the 12/06/2010 date of grant.
F5 These options vest in four equal annual installments beginning one year after the 12/13/2012 date of grant.
F6 These options vest in four equal annual installments beginning one year after the 11/03/2015 date of grant.
F7 These options vest in four equal annual installments beginning one year after the 12/10/2013 date of grant.
F8 These options vest in four equal annual installments beginning one year after the 12/02/2014 date of grant.
F9 Options vested on 12/31/2017.
F10 These options vest in four equal annual installments beginning one year after the 11/16/2016 date of grant.