Spring Donald J. - 06 Feb 2023 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
06 Feb 2023
Transactions value $
$20,679
Form type
4
Filing time
07 Feb 2023, 16:47:44 UTC
Previous filing
09 Nov 2022
Next filing
04 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSBI Series A Preferred Depositary Shares Purchase $3,282 +127 $25.85 127 06 Feb 2023 Direct
transaction MSBI Series A Preferred Depositary Shares Purchase $17,395 +673 +530% $25.85 800 07 Feb 2023 Direct F1
holding MSBI Common Stock 13,426 06 Feb 2023 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
holding MSBI Option (right to buy) 2,349 06 Feb 2023 Common Stock 2,349 $21 Direct F2
holding MSBI Option (right to buy) 3,031 06 Feb 2023 Common Stock 3,031 $23 Direct F2
holding MSBI Option (right to buy) 1,403 06 Feb 2023 Common Stock 1,403 $28.59 Direct F2
holding MSBI Option (right to buy) 5,198 06 Feb 2023 Common Stock 5,198 $28.43 Direct F3
* 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 $25.83 - $25.85 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 date of grant.
F3 These options vest in four equal annual installments beginning one year after the 10/31/2022 date of grant.