Tucker Douglas J. - 17 Jul 2024 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
SVP Corporate Counsel
Signature
/s/Tucker Douglas J
Issuer symbol
MSBI
Transactions as of
17 Jul 2024
Net transactions value
-$274,218
Form type
4
Filing time
18 Jul 2024, 16:00:42 UTC
Previous filing
06 May 2024
Next filing
04 Nov 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 $266,018 +11,566 +35% $23.00 44,437 17 Jul 2024 Direct
transaction MSBI Common Stock Tax liability $274,218 -10,796 -24% $25.40 33,641 17 Jul 2024 Direct
holding MSBI Series A Preferred Depositary Shares 4,300 17 Jul 2024 Douglas J. Tucker Revocable Trust dated 8/16/21

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 $266,018 -11,566 -100% $23.00 0 17 Jul 2024 Common Stock 11,566 $23.00 Direct F1
holding MSBI Option (right to buy) 5,405 17 Jul 2024 Common Stock 5,405 $28.59 Direct F2
holding MSBI Option (right to buy) 18,924 17 Jul 2024 Common Stock 18,924 $28.43 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options vest in four equal annual installments beginning one year after the 11/03/2015 date of grant.
F2 These options vest in four equal annual installments beginning one year after the 11/16/2016 date of grant.
F3 These options vest in four equal annual installments beginning one year after the 10/31/2022 date of grant.