FIRST MIDWEST BANCORP INC 4
4 · FIRST MIDWEST BANCORP INC · Filed Mar 17, 2016
Insider Transaction Report
Form 4
KENT S BELASCO
EVP, Chief Information Officer
Transactions
- Award
Common Stock
2016-03-15+2,971→ 54,872 total - Tax Payment
Common Stock
2016-03-15$17.87/sh−309$5,522→ 54,563 total
Holdings
- 6,286(indirect: By Trust)
Common Stock
- 29,685(indirect: By NQ Stock Option Gain Deferral Plan)
Common Stock
Footnotes (3)
- [F1]Represents 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, 991 vested immediately and were paid in shares of First Midwest Bancorp, Inc. Common Stock. The remaining 1,980 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.
- [F2]Reflects the surrender of 309 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.
- [F3]19,528 of these shares are restricted stock units / performance shares.