SEC Form 4 · accession 0001127602-16-042281
FIRST MIDWEST BANCORP INC · FMBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
S Belasco Kent
Officer — EVP,Chief Info/Ops Officer
Period of report
Feb 17, 2016
Accepted (ET)
Feb 18, 2016 · 9:12 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,F2,F3 | Feb 17, 2016 | A | 5,923 | $16.82 | A | 55,037 | D | |
| Common StockF4 | holding | — | — | — | 29,685 | I | By NQ Stock Option Gain Deferral Plan | |
| Common StockF5 | holding | — | — | — | 6,286 | I | By Profit Sharing Plan Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Long Term Incentive Compensation restricted stock units granted pursuant to the Amended and Restated First Midwest Bancorp, Inc. Omnibus Stock and Incentive Plan. Each restricted stock unit represents the right to receive one share of the Issuer's Common Stock on the vesting date (less any shares withheld in satisfaction of tax withholding obligations).
- F2The number of restricted stock units represented by this award was determined by dividing the dollar value of the award granted to the Reporting Person by $16.82 (the average high and low sale price of one share of the Issuer's Common Stock on the date of grant). This award will vest in two equal installments, specifically on the second and third anniversaries of the date of grant.
- F320,691 of these shares are restricted stock units.
- F4Between February 20, 2015 and February 18, 2016, the Reporting Person acquired 592 shares of First Midwest Bancorp, Inc. Common Stock pursuant to the Dividend Reinvestment feature under the First Midwest Bancorp, Inc. Non-Qualified Gain Deferral Plan. The information in this report is based on a plan statement dated January 29, 2016.
- F5Between February 20, 2015 and February 18, 2016, the Reporting Person acquired 127 shares of First Midwest Bancorp, Inc. common stock under the First Midwest Bancorp, Inc. Savings and Profit Sharing Plan pursuant to the Dividend Reinvestment feature of the Plan and 9 shares were sold in satisfaction of quarterly Plan administration fees. This information is based on a Plan statement dated February 11, 2016.