SEC Form 4 · accession 0001593968-16-001301
Midland States Bancorp, Inc. · MSBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sharon A. Schaubert
Officer — SVP Banking Services
Period of report
Dec 10, 2016
Accepted (ET)
Dec 12, 2016 · 4:11 pm 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 Stock | Dec 10, 2016 | F | 117 | $32.17 | D | 14,413 | 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)F1 | $16.00 | holding | — | — | — | — | Dec 13, 2022 | Common Stock | 3,960 | 3,960 | D |
| Option (right to buy)F2 | $16.59 | holding | — | — | — | — | Dec 10, 2023 | Common Stock | 4,473 | 4,473 | D |
| Option (right to buy)F3 | $23.00 | holding | — | — | — | — | Nov 3, 2025 | Common Stock | 8,261 | 8,261 | D |
| Option (right to buy)F4 | $14.75 | holding | — | — | — | — | Dec 16, 2021 | Common Stock | 3,905 | 3,905 | D |
| Option (right to buy)F5 | $21.00 | holding | — | — | — | — | Dec 2, 2024 | Common Stock | 5,702 | 5,702 | D |
| Option (right to buy)F6 | $15.20 | holding | — | — | — | — | Dec 31, 2019 | Common Stock | 7,500 | 7,500 | D |
| Option (right to buy)F7 | $11.75 | holding | — | — | — | — | Jun 22, 2019 | Common Stock | 7,500 | 7,500 | D |
| Option (right to buy)F8 | $18.16 | holding | — | — | — | — | Dec 6, 2020 | Common Stock | 3,170 | 3,170 | D |
| Option (right to buy)F9 | $18.00 | holding | — | — | — | — | Aug 5, 2024 | Common Stock | 10,000 | 10,000 | D |
| Option (right to buy)F10 | $28.59 | holding | — | — | — | — | Nov 16, 2026 | Common Stock | 4,157 | 4,157 | D |
Explanation of responses
- F1These options vest in four equal annual installments beginning one year after the 12/13/2012 date of grant.
- F10These options vest in four equal annual installments beginning one year after the 11/16/2016 date of grant.
- F2These options vest in four equal annual installments beginning one year after the 12/10/2013 date of grant.
- F3These options vest in four equal annual installments beginning one year after the 11/03/2015 date of grant.
- F4These options vest in four equal annual installments beginning one year after the 12/16/2011 date of grant.
- F5These options vest in four equal annual installments beginning one year after the 12/02/2014 date of grant.
- F6These options vest in four equal annual installments beginning one year after the 12/31/2009 date of grant.
- F7These options vest in four equal annual installments beginning one year after the 06/22/2009 date of grant.
- F8These options vest in four equal annual installments beginning one year after the 12/06/2010 date of grant.
- F9Such options will vest on 12/31/2017 if specific performance metrics are satisfied, as determined by the Board of Directors.