Smith Jeffrey C. - 31 Mar 2025 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
Director
Signature
/s/Smith Jeffrey C
Issuer symbol
MSBI
Transactions as of
31 Mar 2025
Transactions value $
$12,097
Form type
4
Filing time
01 Apr 2025, 13:36:47 UTC
Previous filing
28 Jan 2025
Next filing
01 Jul 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding MSBI Common Stock 33,609 31 Mar 2025 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
transaction MSBI Common Share Equivalent Award $4,972 +257 +4.3% $19.33 6,180 31 Mar 2025 Common Stock 257 Direct F1, F2
transaction MSBI Common Share Equivalent Award $7,125 +416 +6.7% $17.12 6,596 31 Mar 2025 Common Stock 416 Direct F1, F3
holding MSBI Restricted Stock Unit 10,116 31 Mar 2025 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.
F3 Represents common share equivalents acquired by the reporting person under the Issuers Directors Deferred Compensation Plan (DDCP) with respect to director fees deferred by the reporting person during the quarter, based upon the closing price of the underlying shares on the last day of the quarter. Each common share equivalent is the economic equivalent of one share of common stock. Common share equivalents received for deferred director fees fully vested on the transaction date listed above and become payable upon termination of service as a director.