Sherina M. Edwards - 31 Mar 2023 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role: Director
Signature: /s/ Edwards Sherina M.
Issuer symbol: MSBI
Transactions as of: 31 Mar 2023
Net transactions value: $0
Form type: 4
Filing time: 03 Apr 2023, 14:25:20 UTC
Previous filing: 01 Jul 2022
Next filing: 01 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MSBI	Common Stock	Options Exercise	$35,643	+1,664		$21.42	1,664	31 Mar 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
transaction	MSBI	Restricted Stock Unit	Options Exercise	$35,643	-1,664	-100%	$21.42	0	31 Mar 2023	Common Stock	1,664		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents restricted stock units acquired by the reporting person under the 2019 Long-Term Incentive Plan on the grant date. Each restricted stock unit is the contingent right to receive one share of Issuer common stock. Restricted stock units vest on March 31, 2023 and vested shares will be delivered to the reporting person within 30 days of vesting.