Spitler Michael C 4
4 · FIRST MIDWEST BANCORP INC · Filed Feb 19, 2019
Insider Transaction Report
Form 4
Spitler Michael C
Bank EVP, Chief Credit Officer
Transactions
- Tax Payment
Common Stock
2019-02-17$22.70/sh−1,570$35,647→ 24,604 total
Footnotes (1)
- [F1]On February 17, 2016 the Issuer granted the Reporting Person 7,028 Restricted Stock Units (RSU) 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. Each restricted stock unit represents the right to receive one share of the Issuer's common Stock on the vesting date. On February 17, 2019, the remaining 3,514 shares of the originally granted restricted stock units vested, of which 1,570 shares of the Issuer's Common Stock underlying such units were withheld in order to satisfy the Reporting Person's tax withholding obligations. This form is being filed to reflect the surrender of such shares to satisfy the Reporting Person's tax withholding obligation.