Spring Donald J. - 05 Nov 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
05 Nov 2023
Transactions value $
$52,343
Form type
4
Filing time
06 Nov 2023, 16:12:17 UTC
Previous filing
02 Nov 2023
Next filing
08 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 Tax liability -$2,730 -118 -0.9% $23.14 12,999 05 Nov 2023 Direct
transaction MSBI Common Stock Award $55,073 +2,380 +18% $23.14 15,379 06 Nov 2023 Direct F1
holding MSBI Series A Preferred Depositary Shares 800 05 Nov 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 05 Nov 2023 Common Stock 2,349 $21 Direct F2
holding MSBI Option (right to buy) 3,031 05 Nov 2023 Common Stock 3,031 $23 Direct F2
holding MSBI Option (right to buy) 1,403 05 Nov 2023 Common Stock 1,403 $28.59 Direct F2
holding MSBI Option (right to buy) 5,198 05 Nov 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 RSA with 4yr - 25% vesting schedule
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.