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

Role
Director
Signature
/s/McDonnell Jeffrey
Issuer symbol
MSBI
Transactions as of
28 Jun 2024
Net transactions value
+$51,259
Form type
4
Filing time
02 Jul 2024, 13:52:54 UTC
Previous filing
14 Jun 2024
Next filing
02 Oct 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSBI Common Stock Award $45,006 +1,987 $22.65 1,987 30 Jun 2024 Direct F1
holding MSBI Common Stock 24,245 28 Jun 2024 Jeffrey M. McDonnell Revocable Trust UA F2

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 Common Share Equivalents Award $6,254 +267 +1.9% $23.45 14,247 28 Jun 2024 Common Stock 267 Direct F3, F4
holding MSBI Restricted Stock Unit 6,193 28 Jun 2024 Common Stock 6,193 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Annual Director Stock Award with immediate vesting schedule.
F2 The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose
F3 Each common stock equivalent is the economic equivalent of one share of common stock.
F4 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.