SEC Form 4 · accession 0001593968-19-000114
Midland States Bancorp, Inc. · MSBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leon J Holschbach
Director
Period of report
Jan 4, 2019
Accepted (ET)
Jan 7, 2019 · 10:59 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 | Jan 4, 2019 | M | 1,136 | $15.20 | A | 141,702 | D | |
| Common StockF1 | Jan 4, 2019 | M | 9,790 | $11.75 | A | 151,492 | 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 | $11.75 | Jan 4, 2019 | M | 9,790 | D | — | Jun 22, 2019 | Common Stock | 9,790 | 0 | D |
| Option (right to buy)F3 | $15.20 | Jan 4, 2019 | M | 1,136 | D | — | Dec 31, 2019 | Common Stock | 1,136 | 30,364 | D |
| Option (right to buy)F4 | $16.00 | holding | — | — | — | — | Dec 13, 2022 | Common Stock | 14,072 | 14,072 | D |
| Option (right to buy)F5 | $18.16 | holding | — | — | — | — | Dec 6, 2020 | Common Stock | 11,820 | 11,820 | D |
| Option (right to buy)F6 | $16.59 | holding | — | — | — | — | Dec 10, 2023 | Common Stock | 16,274 | 16,274 | D |
| Option (right to buy)F7 | $21.00 | holding | — | — | — | — | Dec 2, 2024 | Common Stock | 22,762 | 22,762 | D |
| Option (right to buy)F8 | $14.75 | holding | — | — | — | — | Dec 16, 2021 | Common Stock | 14,556 | 14,556 | D |
| Option (right to buy)F9 | $18.00 | holding | — | — | — | — | Aug 5, 2024 | Common Stock | 90,000 | 90,000 | D |
| Common Share EquivalentF10,F11 | — | holding | — | — | — | — | — | Common Stock | 4,210 | 4,210 | D |
Explanation of responses
- F1Includes holdings through a self-directed IRA or revocable grantor trust
- F10Represents common share equivalents acquired by the reporting person in the DDCP pursuant to the reinvestment of dividends received during the quarter on common share equivalents held in the DDCP by the reporting person at the time such dividend was paid on the underlying shares, based upon closing price of the underlying shares on the last day of the quarter. Common share equivalents received for dividend reinvestments are fully vested on the transaction date listed above and become payable upon termination of service as a director.
- F11Common share equivalents become payable upon termination of service as a director except for any unvested portion of the Issuer matching contribution.
- F2These options vest in four equal annual installments beginning one year after the 06/22/2009 date of grant.
- F3These options vest in four equal annual installments beginning one year after the 12/31/2009 date of grant.
- F4These options vest in four 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 12/06/2010 date of grant.
- F6These options vest in four equal annual installments beginning one year after the 12/10/2013 date of grant.
- F7These options vest in four equal annual installments beginning one year after the 12/02/2014 date of grant.
- F8These options vest in four equal annual installments beginning one year after the 12/16/2011 date of grant.
- F9Such options will vest on 12/31/2017 if specific performance metrics are satisfied, as determined by the Board of Directors.