SEC Form 4 · accession 0001593968-18-001398
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
Nov 3, 2018
Accepted (ET)
Nov 5, 2018 · 1:00 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 | Nov 3, 2018 | F | 97 | $27.40 | D | 21,005 | 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 | $23.00 | holding | — | — | — | — | Nov 3, 2025 | Common Stock | 8,261 | 8,261 | D |
| Option (right to buy)F2 | $21.00 | holding | — | — | — | — | Dec 2, 2024 | Common Stock | 5,702 | 5,702 | D |
| Option (right to buy)F3 | $18.00 | holding | — | — | — | — | Aug 5, 2024 | Common Stock | 10,000 | 10,000 | D |
| Option (right to buy)F4 | $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 11/03/2015 date of grant.
- F2These options vest in four equal annual installments beginning one year after the 12/02/2014 date of grant.
- F3Such options will vest on 12/31/2017 if specific performance metrics are satisfied, as determined by the Board of Directors.
- F4These options vest in four equal annual installments beginning one year after the 11/16/2016 date of grant.