Spring Donald J. - 06 Nov 2024 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Signature
/s/ Spring Donald J
Issuer symbol
MSBI
Transactions as of
06 Nov 2024
Transactions value $
$43,615
Form type
4
Filing time
07 Nov 2024, 15:21:16 UTC
Previous filing
06 Nov 2024
Next filing
12 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSBI Common Stock Tax liability -$4,585 -164 -3.8% $27.96 4,154 06 Nov 2024 Direct
transaction MSBI Common Stock Award $56,758 +2,030 +48.9% $27.96 6,184 07 Nov 2024 Direct F1
transaction MSBI Common Stock Sale -$8,558 -311 -5.03% $27.52 5,873 07 Nov 2024 Direct
holding MSBI Series A Preferred Depositary Shares 800 06 Nov 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 Exercise Price Ownership Footnotes
holding MSBI Option (right to buy) 1,403 06 Nov 2024 Common Stock 1,403 $28.59 Direct F2
holding MSBI Option (right to buy) 5,198 06 Nov 2024 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 RSA with 4yr - 25% vesting schedule
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.