FIRST MIDWEST BANCORP INC 4
4 · FIRST MIDWEST BANCORP INC · Filed Feb 24, 2017
Insider Transaction Report
Form 4
Spitler Michael C
Bank EVP, Chief Credit Officer
Transactions
- Award
Common Stock
2017-02-22$24.75/sh+6,263$155,009→ 30,680 total
Footnotes (2)
- [F1]Long 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).
- [F2]The 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.