Van Arsdell Stephen C 4
4 · FIRST MIDWEST BANCORP INC · Filed Oct 20, 2020
Insider Transaction Report
Form 4
Van Arsdell Stephen C
Director
Transactions
- Award
Phantom Stock Under NQ Deferred Comp. Plan
2020-10-15$11.81/sh+1,349.652$15,938→ 11,912.082 total→ Common Stock (1,349.652 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 July 7, 2020 and October 7, 2020, the Reporting Person acquired 127.313 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 October 7, 2020.