GILL PHUPINDER 4
4 · FIRST MIDWEST BANCORP INC · Filed Apr 17, 2020
Insider Transaction Report
Form 4
GILL PHUPINDER
Director
Transactions
- Award
Phantom Stock Under NQ Deferred Comp. Plan
2020-04-15$13.41/sh+1,258.521$16,875→ 31,953.421 total→ Common Stock (1,258.521 underlying)
Footnotes (2)
- [F1]Represents shares of phantom stock acquired pursuant to the First Midwest Bancorp, Inc. Deferred Compensation Plan for Nonemployee Directors (the "Plan") as a result of the deferral of quarterly directors fees paid in cash to the participant. The shares of phantom stock represent shares of First Midwest Bancorp, Inc. common stock on a 1-for-1 basis and are payable in cash upon distribution to the participant in accordance with the terms of the Plan.
- [F2]Between January 7, 2020 and April 7, 2020, the Reporting Person acquired 320.994 shares of First Midwest Bancorp, Inc. common stock pursuant to the dividend reinvestment feature under the Plan. The information in this report is based on a plan statement dated April 7, 2020.