Spring Donald J. - Nov 1, 2021 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Signature
/s/ Spring, Donald J
Stock symbol
MSBI
Transactions as of
Nov 1, 2021
Transactions value $
$0
Form type
4
Date filed
11/2/2021, 02:26 PM
Next filing
Nov 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSBI Common Stock Award $0 +2.43K +22.6% $0.00 13.2K Nov 1, 2021 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) 2.35K Nov 1, 2021 Common Stock 2.35K $21.00 Direct F2
holding MSBI Option (right to buy) 3.03K Nov 1, 2021 Common Stock 3.03K $23.00 Direct F2
holding MSBI Option (right to buy) 1.4K Nov 1, 2021 Common Stock 1.4K $28.59 Direct F2
* 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.