SEC Form 4 · accession 0001127602-16-042282
FIRST MIDWEST BANCORP INC · FMBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nicholas J Chulos
Officer — EVP, Gen. Counsel, Corp. Sec'y
Period of report
Feb 17, 2016
Accepted (ET)
Feb 18, 2016 · 9:13 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 | Feb 17, 2016 | A | 9,812 | $16.82 | A | 32,515 | D | |
| Common StockF3 | holding | — | — | — | 3,326 | 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 award granted pursuant to the Amended and Restated First Midwest Bancorp, Inc. Omnibus Stock and Incentive Plan.
- F2The number of shares 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.
- F3Between December 19, 2015 and February 18, 2016 the Reporting Person acquired the following shares of First Midwest Bancorp, Inc. Common Stock under the First Midwest Bancorp, Inc. Savings and Profit Sharing Plan: (a) 415 shares pursuant to match contributions from the Company; (b) 19 shares pursuant to the Dividend Reinvestment feature of the Plan; (c) 118 shares pursuant to payroll contributions; and (d) 1 share was sold from the Reporting Person's Plan account in satisfaction of quarterly Plan administration fees. This information is based on a Plan statement dated February 11, 2016.