SEC Form 4 · accession 0001127602-17-008427
FIRST MIDWEST BANCORP INC · FMBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul F Clemens
Officer — Executive Vice President
Period of report
Feb 22, 2017
Accepted (ET)
Feb 24, 2017 · 9:16 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 22, 2017 | A | 7,329 | $24.75 | A | 86,622 | D | |
| Common Stock | holding | — | — | — | 2,003 | I | By IRA | |
| Common Stock | holding | — | — | — | 1,139 | 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 $24.75 (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.