SEC Form 4 · accession 0001593968-18-000738
Midland States Bancorp, Inc. · MSBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen A. Erickson
Officer — Chief Financial Officer
Period of report
May 4, 2018
Accepted (ET)
May 7, 2018 · 11:06 am 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 Stock | May 4, 2018 | M | 3,582 | $16.00 | A | 9,038 | D | |
| Common Stock | May 4, 2018 | S | 3,582 | $31.37 | D | 5,456 | 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 | May 4, 2018 | M | 3,582 | D | — | May 8, 2022 | Common Stock | 3,582 | 21,418 | D |
| Option (right to buy)F1 | $16.00 | holding | — | — | — | — | Dec 13, 2022 | Common Stock | 2,438 | 2,438 | D |
| Option (right to buy)F1 | $23.00 | holding | — | — | — | — | Nov 3, 2025 | Common Stock | 5,045 | 5,045 | D |
| Option (right to buy)F1 | $16.59 | holding | — | — | — | — | Dec 10, 2023 | Common Stock | 4,822 | 4,822 | D |
| Option (right to buy)F1 | $28.59 | holding | — | — | — | — | Nov 16, 2026 | Common Stock | 2,289 | 2,289 | D |
| Option (right to buy)F1 | $21.00 | holding | — | — | — | — | Dec 2, 2024 | Common Stock | 3,909 | 3,909 | D |
Explanation of responses
- F1These options have a 10 year term and become partially exercisable after 1 year and vest in four equal annual installments.