Form 4 for MSBI Midland States Bancorp, Inc.

Accepted 2023-07-03 00:00:00 ET · period of report 2022-06-10 · accession 0001593968-23-001075 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
D	2023-07-03	2022-06-10	MSBI	Smith Jeffrey C.	Dir	P - Purchase	$24.80	+853	33.0K	+3%	+$21.2K
DM	2023-07-03	2023-06-30	MSBI	Smith Jeffrey C.	Dir	A - Grant	$2.21	+2,270	1,494	New	+$5,027

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2022-06-10	P	A	853	$24.80	32,959	D	—	—
2	Derivative	Restricted Stock Unit	2023-06-30	A	A	2,009	$0.00	10,116.78	D	— · — to —	2,009 Common Stock	(F2) Represents restricted stock units acquired by the reporting person under the 2019 Long-term incentive plan and deferred under the DDCP on the grant date. Each restricted stock unit is the contingent right to receive one share of Issuer common stock. Restricted stock units vest on March 31 the year following grant and vested shares will be delivered to the reporting person based upon the terms of the DDCP and the reporting persons distribution elections thereunder. (F1) Each common stock equivalent is the economic equivalent of one share of common stock.
3	Derivative	Common Share Equivalent	2023-06-30	A	A	149.69	$18.72	1,382.22	D	— · — to —	149.69 Common Stock	(F3) 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, based upon closing price of the underlying shares on the last day of the quarter. 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. (F1) Each common stock equivalent is the economic equivalent of one share of common stock.
4	Derivative	Common Share Equivalent	2023-06-30	A	A	111.75	$19.91	1,493.97	D	— · — to —	111.75 Common Stock	(F4) 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. (F1) Each common stock equivalent is the economic equivalent of one share of common stock.