SEC Form 4 · accession 0001127602-16-046714

FIRST MIDWEST BANCORP INC · FMBI

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

Reporting owner

Officer — President & CEO · Director

Period of report

Mar 15, 2016

Accepted (ET)

Mar 17, 2016 · 2:01 pm EDT

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 Stock^F1	Mar 15, 2016	A	27,152	$0.00	A	315,623	D
Common Stock^F2,F3	Mar 15, 2016	F	4,137	$17.87	D	311,486	D
Common Stock	holding	—	—		—	770	I	By IRA
Common Stock	holding	—	—		—	9,433	I	By NQ Stock Option Gain Deferral Plan
Common Stock	holding	—	—		—	8,283	I	By Profit Sharing Plan Trust

No Table II lines on this filing.

F1Represents performance shares earned by the Reporting Person on March 15, 2016. The performance shares were granted by the Issuer to the Reporting Person under the Amended and Restated First Midwest Bancorp, Inc. Omnibus Stock and Incentive Plan on February 20, 2013, subject to a three year (2013-2015) performance period. Of the performance shares earned, 9,051 vested immediately and were paid in shares of First Midwest Bancorp, Inc. Common Stock. The remaining 18,101 earned performance shares represent the right to receive shares of First Midwest Bancorp, Inc. Common Stock upon satisfaction of a service-based vesting requirement and are scheduled to vest in two equal annual installments on March 15, 2017 and March 15, 2018.
F2Reflects the surrender of 4,137 shares of First Midwest Bancorp, Inc. Common Stock to satisfy the Reporting Person's tax withholding obligation in connection with the vesting of the first tranche of the earned performance shares described in note 1.
F318,101 of these shares are restricted stock units / performance shares.