SEC Form 4 · accession 0001127602-19-008578
FIRST MIDWEST BANCORP INC · FMBI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael L Scudder
Officer — Chairman & CEO · Director
Period of report
Feb 22, 2019
Accepted (ET)
Feb 26, 2019 · 9:15 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 22, 2019 | S | 30,000 | $23.31 | D | 196,669 | I | Indirect by Trust for Spouse |
| Common StockF2 | Feb 24, 2019 | F | 5,024 | $23.39 | D | 97,784 | D | |
| Common Stock | holding | — | — | — | 770 | I | By IRA | |
| Common Stock | holding | — | — | — | 9,950 | I | By NQ Stock Option Gain Deferral Plan | |
| Common Stock | holding | — | — | — | 9,175 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the weighted average sale price per share. The actual sale prices ranged from a low of $23.27 to a high of $23.38.
- F2On February 24, 2017 the Issuer granted the Reporting Person a Restricted Stock Award (RSA) of 22,679 restricted shares of First Midwest Bancorp, Inc. Common Stock under the 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 24, 2019, 11,340 of the originally granted RSAs vested, of which 5,024 shares were surrendered by the Reporting Person in order to satisfy tax withholding obligations. This form is being filed to reflect the surrender of such shares to satisfy the Reporting Person's tax withholding obligation.