Brunoehler Jeffrey A. - 09 Aug 2023 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
SVP Credit - CCO
Signature
/s/Brunoehler Jeffrey A
Issuer symbol
MSBI
Transactions as of
09 Aug 2023
Net transactions value
-$196,204
Form type
4
Filing time
11 Aug 2023, 12:11:30 UTC
Previous filing
09 Nov 2022
Next filing
02 Nov 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 $180,000 +10,000 +40% $18.00 35,271 09 Aug 2023 Direct
transaction MSBI Common Stock Tax liability $196,204 -8,342 -24% $23.52 26,929 09 Aug 2023 Direct
holding MSBI Common Stock 20,324 09 Aug 2023 Jeffrey A Brunoehler Revocable Living Trust

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) Options Exercise $180,000 -10,000 -100% $18.00 0 09 Aug 2023 Common Stock 10,000 $18.00 Direct F1
holding MSBI Option (right to buy) 16,584 09 Aug 2023 Common Stock 16,584 $28.43 Direct F2
holding MSBI Option (right to buy) 4,475 09 Aug 2023 Common Stock 4,475 $28.59 Direct F3
holding MSBI Option (right to buy) 9,576 09 Aug 2023 Common Stock 9,576 $23.00 Direct F4
holding MSBI Option (right to buy) 6,406 09 Aug 2023 Common Stock 6,406 $21.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options vested on 12/31/2017.
F2 These options vest in four equal annual installments beginning one year after the 10/31/2022 date of grant.
F3 These options vest in four equal annual installments beginning one year after the 11/16/2016 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 12/02/2014 date of grant.