Home > Insider Trading > Filing (0001593968-20-001057)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1466026	Midland States Bancorp Inc.	MSBI	State Commercial Banks (6022)	371233196

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1526231	M John Schultz	1201 Network Centre Dr. Effingham IL 62401		No	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2020-04-28	5,000	$15.51	288,426	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	2,750	Indirect	Spouse
Common Stock	42,554	Indirect	Agracel, Inc.
Common Stock	69,903	Indirect	JNJ, LLC

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Common Share Equivalent	$0.00			66,624	66,624	Direct
Common Stock	Restricted Stock Unit	$0.00			1,185	1,185	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	66,624	66,624	Direct
	1,185	1,185	Direct

Footnotes

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $15.46 - 15.67 inclusive. The reporting person undertakes to provide to Midland States Bancorp, Inc., any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the ranges set forth in this footnote.
Includes holdings through a self-directed IRA or revocable grantor trust
The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose
Each common stock equivalent is the economic equivalent of one share of common stock.
Represents restricted stock units acquired by the reports 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 will fully vest on March 31, 2020 and vested shares will be delivered to the reporting person based on the terms of the DDCP and the reporting persons distribution elections thereunder.