Smith Jeffrey C. - 28 Jun 2024 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role: Director
Signature: /s/Smith Jeffrey C
Issuer symbol: MSBI
Transactions as of: 28 Jun 2024
Transactions value $: $56,567
Form type: 4
Filing time: 02 Jul 2024, 13:49:52 UTC
Previous filing: 01 Apr 2024
Next filing: 02 Oct 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	MSBI	Common Stock						32,959	28 Jun 2024	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	Ownership	Footnotes
transaction	MSBI	Common Share Equivalent	Award	$3,872	+165	+7%	$23.45	2,539	28 Jun 2024	Common Stock	165	Direct	F1, F2
transaction	MSBI	Common Share Equivalent	Award	$52,694	+2,326	+92%	$22.65	4,866	30 Jun 2024	Common Stock	2,326	Direct	F1
holding	MSBI	Restricted Stock Unit						10,116	28 Jun 2024	Common Stock	10,116	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Each common stock equivalent is the economic equivalent of one share of common stock.
F2	Represents common share equivalents acquired by the reporting person in the DDCP pursuant to the reinvestment of dividends received during the quarter on common share equivalents held in the DDCP by the reporting person at the time such dividend was paid on the underlying shares. Common share equivalents received for dividend reinvestments fully vested on the transaction date listed above and become payable upon termination of service as a director.

Content

Each common stock equivalent is the economic equivalent of one share of common stock.

Represents common share equivalents acquired by the reporting person in the DDCP pursuant to the reinvestment of dividends received during the quarter on common share equivalents held in the DDCP by the reporting person at the time such dividend was paid on the underlying shares. Common share equivalents received for dividend reinvestments fully vested on the transaction date listed above and become payable upon termination of service as a director.