McRae Eric S 4

4 · FIRST MID BANCSHARES, INC. · Filed Jul 3, 2025

Form 4

Period: 2025-07-02

EVP, Chief Lending Officer

Transactions

Award
Common Stock
2025-07-02$38.97/sh+105.93$4,128→ 7,871.476 total(indirect: By Deferred Compensation Plan)

Holdings

Series B 9% Non-cumulative Perpetual Convertible Preferred
→ Common Stock (0 underlying)
0
Series C 8% Non-cumulative Perpetual Convertible Preferred
(indirect: By IRA)
→ Common Stock (0 underlying)
0
Stock Option
Exercise: $27.33Exp: 2014-12-14→ Common Stock (0 underlying)
0
Stock Option
Exercise: $26.10Exp: 2017-12-11→ Common Stock (0 underlying)
0
Stock Option
Exercise: $23.00Exp: 2018-12-16→ Common Stock (0 underlying)
0
Stock Option
Exercise: $12.11From: 2007-01-01Exp: 2012-12-16→ Common Stock (0 underlying)
0
Common Stock
31,623.277
Series B 9% Non-cumulative Perpetual Convertible Preferred
(indirect: By IRA)
→ Common Stock (0 underlying)
0
Stock Option
Exercise: $20.67Exp: 2013-12-16→ Common Stock (0 underlying)
0
Common Stock
(indirect: By 401(k))
4,473.757
Common Stock
(indirect: By IRA)
2,601.722

Footnotes (7)

[F1]The shares were acquired via the planned quarterly purchase under the Company's Deferred Compensation Plan.
[F2]Each share of the Series B Convertible Preferred Stock (i) is convertible at any time into 231.267 shares of common stock and cash in lieu of any fractional share of common stock, subject to certain adjustments, (ii) is convertible at First Mid-Illinois Bancshares' option under certain circumstances, and (iii) has no expiration date.
[F3]Each share of Series C Convertible Preferred Stock (i) is convertible at any time into 246.427 shares of common stock and cash in lieu of any fractional share of common stock, subject to certain adjustments, (ii) is convertible at First Mid-Illinois Bancshares' option under certain circumstances, (iii) has no expiration date.
[F4]Options become exercisable in four equal annual installments beginning 1/1/2005.
[F5]Options become exercisable in four equal annual installments beginning 1/1/2006
[F6]Options become exercisable in four equal annual installments beginning 1/1/2009
[F7]Options become exercisable in 4 equal annual installments beginning on 01/01/2010.

Documents

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