Mefford Jeffrey S. - 06 Nov 2024 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
President
Signature
/s/ Mefford Jeffrey S
Issuer symbol
MSBI
Transactions as of
06 Nov 2024
Net transactions value
+$314,438
Form type
4
Filing time
07 Nov 2024, 15:17:11 UTC
Previous filing
06 Nov 2024
Next filing
04 Nov 2025
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 $26,674 -954 -2.1% $27.96 44,736 06 Nov 2024 Direct
transaction MSBI Common Stock Award $341,112 +12,200 +27% $27.96 56,936 07 Nov 2024 Direct F1

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) 10,702 06 Nov 2024 Common Stock 10,702 $23.00 Direct F2
holding MSBI Option (right to buy) 5,341 06 Nov 2024 Common Stock 5,341 $28.59 Direct F3
holding MSBI Option (right to buy) 29,133 06 Nov 2024 Common Stock 29,133 $28.43 Direct F4
* 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 11/03/2015 date of grant.
F3 These options vest in four equal annual installments beginning one year after the 11/16/2016 date of grant.
F4 These options vest in four equal annual installments beginning one year after the 10/31/2022 date of grant.