Spring Donald J. - 31 Oct 2022 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
Chief Accounting Officer
Signature
/s/ Spring, Donald J
Issuer symbol
MSBI
Transactions as of
31 Oct 2022
Transactions value $
$14,836
Form type
4
Filing time
02 Nov 2022, 14:11:59 UTC
Previous filing
02 Nov 2021
Next filing
08 Nov 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 $19,588 +689 +5.2% $28.43 13,887 31 Oct 2022 Direct F1
transaction MSBI Common Stock Tax liability -$4,752 -169 -1.2% $28.12 13,718 01 Nov 2022 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 Option (right to buy) Award $0 +5,198 $0 5,198 31 Oct 2022 Common Stock 5,198 $28.43 Direct
holding MSBI Option (right to buy) 2,349 31 Oct 2022 Common Stock 2,349 $21 Direct F2
holding MSBI Option (right to buy) 3,031 31 Oct 2022 Common Stock 3,031 $23 Direct F2
holding MSBI Option (right to buy) 1,403 31 Oct 2022 Common Stock 1,403 $28.59 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSA with 4yr - 25% vesting schedule
F2 These options vest in four equal annual installments beginning one year after the date of grant.