SEC Form 4 · accession 0001593968-19-000762

Midland States Bancorp, Inc. · MSBI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chief Financial Officer

Period of report

Mar 11, 2019

Accepted (ET)

Mar 12, 2019 · 9:24 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	Mar 11, 2019	M	3,308	$16.00	A	14,261	D
Common Stock^F1	Mar 11, 2019	S	3,308	$24.5537	D	10,953	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Option (right to buy)^F2	$16.00	Mar 11, 2019	M	3,308	D	—	May 8, 2022	Common Stock	3,308	16,000	D
Option (right to buy)^F2	$16.00	holding	—	—	—	—	Dec 13, 2022	Common Stock	2,438	2,438	D
Option (right to buy)^F2	$23.00	holding	—	—	—	—	Nov 3, 2025	Common Stock	5,045	5,045	D
Option (right to buy)^F2	$16.59	holding	—	—	—	—	Dec 10, 2023	Common Stock	4,822	4,822	D
Option (right to buy)^F2	$28.59	holding	—	—	—	—	Nov 16, 2026	Common Stock	2,289	2,289	D
Option (right to buy)^F2	$21.00	holding	—	—	—	—	Dec 2, 2024	Common Stock	3,909	3,909	D

F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.50 - $24.69 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 this footnote.
F2These options have a 10 year term and become partially exercisable after 1 year and vest in four equal annual installments.