Filing Details

Accession Number:
0001593968-20-001154
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-05-13 12:36:00
Reporting Period:
2020-05-13
Accepted Time:
2020-05-13 12:36:00
SEC Url:
Form 4 Filing
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
1672608 M Jeffrey Mcdonnell 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 2020-05-13 3,500 $13.88 18,495 No 4 P Indirect Jeffrey M. McDonnell Revocable Trust UA
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect Jeffrey M. McDonnell Revocable Trust UA
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Common Share Equivalents $0.00 5,982 5,982 Direct
Common Stock Restricted Stock Unit $0.00 662 662 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
5,982 5,982 Direct
662 662 Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.71 - 14.00 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.
  2. 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
  3. Each common stock equivalent is the economic equivalent of one share of common stock.
  4. 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.