Boylan Jo Ann 4
4 · FIRST MIDWEST BANCORP INC · Filed Mar 19, 2019
Insider Transaction Report
Form 4
Boylan Jo Ann
EVP, Chief Info/Ops Officer
Transactions
- Award
Common Stock
2019-03-15$21.91/sh+3,153$69,082→ 27,036 total - Tax Payment
Common Stock
2019-03-15$21.91/sh−467$10,232→ 26,569 total
Footnotes (3)
- [F1]Represents performance shares earned by the Reporting Person on March 15, 2019. 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 17, 2016, subject to a three year (2016-2018) performance period. Of the performance shares earned, 1,052 vested immediately and were paid in shares of First Midwest Bancorp, Inc. Common Stock. The remaining 2,101 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, 2020 and March 15, 2021.
- [F2]Reflects the surrender of 467 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]2,853 of these shares are restricted stock units / performance shares.