SEC Form 4 · accession 0001593968-16-001221
Midland States Bancorp, Inc. · MSBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Douglas J. Tucker
Officer — SVP Corporate Counsel
Period of report
Nov 16, 2016
Accepted (ET)
Nov 18, 2016 · 11:09 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001466026
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 16, 2016 | A | 2,286 | $0.00 | A | 9,739 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F2 | $28.59 | Nov 16, 2016 | A | 5,405 | A | Nov 16, 2017 | Nov 16, 2026 | Common Stock | 5,405 | 5,405 | D |
| Option (right to buy)F3 | $17.50 | holding | — | — | — | — | Oct 15, 2020 | Common Stock | 25,000 | 25,000 | D |
| Option (right to buy)F4 | $16.00 | holding | — | — | — | — | Dec 13, 2022 | Common Stock | 5,500 | 5,500 | D |
| Option (right to buy)F5 | $23.00 | holding | — | — | — | — | Nov 3, 2025 | Common Stock | 11,566 | 11,566 | D |
| Option (right to buy)F6 | $21.00 | holding | — | — | — | — | Dec 2, 2024 | Common Stock | 7,153 | 7,153 | D |
| Option (right to buy)F7 | $14.75 | holding | — | — | — | — | Dec 16, 2021 | Common Stock | 5,424 | 5,424 | D |
| Option (right to buy)F8 | $16.59 | holding | — | — | — | — | Dec 10, 2023 | Common Stock | 5,899 | 5,899 | D |
| Option (right to buy)F9 | $18.00 | holding | — | — | — | — | Aug 5, 2024 | Common Stock | 40,000 | 40,000 | D |
Explanation of responses
- F1RSA with 4yr - 25% vesting schedule
- F2These options vest in four equal annual installments beginning one year after the 11/16/2016 date of grant.
- F3These options vest in three equal annual installments beginning one year after the 10/15/2010 date of grant.
- F4These options vest in three equal annual installments beginning one year after the 12/13/2012 date of grant.
- F5These options vest in four equal annual installments beginning one year after the 11/03/2015 date of grant.
- F6These options vest in four equal annual installments beginning one year after the 12/02/2014 date of grant.
- F7These options vest in three equal annual installments beginning one year after the 12/16/2011 date of grant.
- F8These options vest in three equal annual installments beginning one year after the 12/10/2013 date of grant.
- F9Such options will vest on 12/31/2017 if specific performance metrics are satisfied, as determined by the Board of Directors.