Hotchkiss James P 4
4 · FIRST MIDWEST BANCORP INC · Filed Mar 17, 2020
Insider Transaction Report
Form 4
Hotchkiss James P
EVP, Treasurer
Transactions
- Tax Payment
Common Stock
2020-03-15$14.13/sh−339$4,792→ 74,898 total - Tax Payment
Common Stock
2020-03-15$14.13/sh−444$6,276→ 74,454 total - Tax Payment
Common Stock
2020-03-15$14.13/sh−456$6,446→ 73,998 total - Award
Common Stock
2020-03-15$14.13/sh+2,287$32,327→ 75,237 total
Holdings
- 2,238.344(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]Represents performance shares earned by the Reporting Person on March 15, 2020. The performance shares were granted under the Amended and Restated First Midwest Bancorp, Inc. Omnibus Stock and Incentive Plan, subject to a three year (2017-2019) performance period. Of the performance shares earned, 763 vested immediately and were paid in shares of the Issuer's common stock. The remaining 1,524 earned performance shares represent the right to receive shares of the Issuer's common stock upon satisfaction of a service-based vesting requirement and are scheduled to vest in two equal annual installments on March 15, 2021 and March 15, 2022.
- [F2]Reflects shares of the Issuer's common stock surrendered by the Reporting Person to satisfy tax withholding obligations upon the vesting of shares earned under a performance shares award.