Tucker Douglas J. - Jul 17, 2024 Form 4 Insider Report for Midland States Bancorp, Inc. (MSBI)

Role
SVP Corporate Counsel
Signature
/s/Tucker Douglas J
Stock symbol
MSBI
Transactions as of
Jul 17, 2024
Transactions value $
-$274,218
Form type
4
Date filed
7/18/2024, 04:00 PM
Previous filing
May 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSBI Common Stock Options Exercise $266K +11.6K +35.19% $23.00 44.4K Jul 17, 2024 Direct
transaction MSBI Common Stock Tax liability -$274K -10.8K -24.3% $25.40 33.6K Jul 17, 2024 Direct
holding MSBI Series A Preferred Depositary Shares 4.3K Jul 17, 2024 Douglas J. Tucker Revocable Trust dated 8/16/21

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) Options Exercise -$266K -11.6K -100% $23.00 0 Jul 17, 2024 Common Stock 11.6K $23.00 Direct F1
holding MSBI Option (right to buy) 5.41K Jul 17, 2024 Common Stock 5.41K $28.59 Direct F2
holding MSBI Option (right to buy) 18.9K Jul 17, 2024 Common Stock 18.9K $28.43 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options vest in four equal annual installments beginning one year after the 11/03/2015 date of grant.
F2 These options vest in four equal annual installments beginning one year after the 11/16/2016 date of grant.
F3 These options vest in four equal annual installments beginning one year after the 10/31/2022 date of grant.