SEC Form 4 · accession 0001593968-17-000984
Midland States Bancorp, Inc. · MSBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jerry L. McDaniel
Director
Period of report
Aug 11, 2017
Accepted (ET)
Aug 14, 2017 · 3:06 pm EDT
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,F2 | Aug 11, 2017 | P | 7,000 | $29.7161 | A | 57,305 | I | James H. McDaniel Revocable Trust |
| Common StockF1,F2 | Aug 11, 2017 | P | 7,000 | $29.7161 | A | 7,000 | I | Jerry L McDaniel Revocable Trust |
| Common StockF2 | holding | — | — | — | 100,000 | I | Evalia Enterprises, LLC. | |
| Common StockF2 | holding | — | — | — | 35,663 | I | Four Diamond Capital LLC | |
| Common StockF2 | holding | — | — | — | 2,660 | I | By Daughter | |
| Common StockF2 | holding | — | — | — | 2,660 | I | By Daughter | |
| Common StockF2 | holding | — | — | — | 3,360 | I | By Son |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Share EquivalentF3,F4 | — | holding | — | — | — | — | — | Common Stock | 17,653 | 17,653 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.46 - $29.817 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 sold at each price within the ranges set forth in footnote 1 to this form.
- F2The 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
- F3No exercise price for this type of award
- F4Common share equivalents become payable upon termination of service as a director except for any unvested portion of the Issuer matching contribution.