SEC Form 4 · accession 0001127602-15-008100
FIRST MIDWEST BANCORP INC · FMBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael L Scudder
Officer — President & CEO · Director
Period of report
Feb 20, 2015
Accepted (ET)
Feb 24, 2015 · 7:46 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000702325
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 20, 2015 | F | 7,648 | $16.58 | D | 293,301 | D | |
| Common StockF2 | Feb 22, 2015 | F | 13,583 | $16.58 | D | 279,718 | D | |
| Common StockF3 | Feb 22, 2015 | F | 5,132 | $16.58 | D | 274,586 | D | |
| Common Stock | holding | — | — | — | 770 | I | By IRA | |
| Common Stock | holding | — | — | — | 9,245 | I | By NQ Stock Option Gain Deferral Plan | |
| Common StockF4 | holding | — | — | — | 7,923 | I | By Profit Sharing Plan Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On February 20, 2013 the Issuer granted the Reporting Person a restricted stock award of 33,645 restricted shares of First Midwest Bancorp, Inc. common stock under the Amended and Restated First Midwest Bancorp, Inc. Omnibus Stock and Incentive Plan which were scheduled to vest in two equal annual installments on the second and third anniversary of the date of grant. On February 20, 2015, 16,823 shares of the originally granted restricted stock award vested, of which 7,648 shares were withheld in order to satisfy the Reporting Person's tax withholding obligations.
- F2On February 22, 2012 the Issuer granted the Reporting Person a restricted stock award of 59,445 restricted shares of First Midwest Bancorp, Inc. common stock under the Amended and Restated First Midwest Bancorp, Inc. Omnibus Stock and Incentive Plan which were scheduled to vest in two equal annual installments on the second and third anniversary of the date of grant. On February 22, 2015, the remaining 29,722 shares of the originally granted restricted stock award vested, of which 13,583 shares were withheld in order to satisfy the Reporting Person's tax withholding obligations.
- F3On February 22, 2012 the Issuer granted the Reporting Person a restricted stock award of 22,457 restricted shares of First Midwest Bancorp, Inc. common stock under the Amended and Restated First Midwest Bancorp, Inc. Omnibus Stock and Incentive Plan which were scheduled to vest in two equal annual installments on the second and third anniversary of the date of grant. On February 22, 2015, the remaining 11,228 shares of the originally granted restricted stock award vested, of which 5,132 shares were withheld in order to satisfy the Reporting Person's tax withholding obligations.
- F4Between February 20, 2015 and February 24, 2015, the Reporting Person acquired 46 shares of First Midwest Bancorp, Inc. Common Stock under the First Midwest Bancorp, Inc. Savings and Profit Sharing Plan pursuant to an annual contribution from the Issuer. This information is based on a Plan statement dated February 23, 2015.