Spring Donald J. - 20 Dec 2023 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
Chief Accounting Officer
Signature
/s/Donald J Spring
Issuer symbol
MSBI
Transactions as of
20 Dec 2023
Transactions value $
-$15,064
Form type
4
Filing time
21 Dec 2023, 16:18:52 UTC
Previous filing
14 Dec 2023
Next filing
13 Jun 2024
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 $69,713 +3,031 +22.9% $23.00 16,243 20 Dec 2023 Direct
transaction MSBI Common Stock Sale -$84,777 -3,031 -18.7% $27.97 13,212 20 Dec 2023 Direct
holding MSBI Series A Preferred Depositary Shares 800 20 Dec 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 Option (right to buy) Options Exercise $0 -3,031 -100% $0.000000* 0 20 Dec 2023 Common Stock 3,031 $23.00 Direct F1, F2
holding MSBI Option (right to buy) 1,403 20 Dec 2023 Common Stock 1,403 $28.59 Direct F2
holding MSBI Option (right to buy) 5,198 20 Dec 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 Reflects a transaction executed pursuant to a Rule 10b5-1 trading plan, a copy of which is on file with the issuer and will be provided to the SEC upon request.
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.