Spring Donald J. - Oct 31, 2022 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
Chief Accounting Officer
Signature
/s/ Spring, Donald J
Stock symbol
MSBI
Transactions as of
Oct 31, 2022
Transactions value $
$14,836
Form type
4
Date filed
11/2/2022, 02:11 PM
Previous filing
Nov 2, 2021
Next filing
Nov 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSBI Common Stock Award $19.6K +689 +5.22% $28.43 13.9K Oct 31, 2022 Direct F1
transaction MSBI Common Stock Tax liability -$4.75K -169 -1.22% $28.12 13.7K Nov 1, 2022 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 Option (right to buy) Award $0 +5.2K $0.00 5.2K Oct 31, 2022 Common Stock 5.2K $28.43 Direct
holding MSBI Option (right to buy) 2.35K Oct 31, 2022 Common Stock 2.35K $21.00 Direct F2
holding MSBI Option (right to buy) 3.03K Oct 31, 2022 Common Stock 3.03K $23.00 Direct F2
holding MSBI Option (right to buy) 1.4K Oct 31, 2022 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.