4//SEC Filing
Shaw Thomas D 4
Accession 0001593968-18-000643
CIK 0001466026other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 6:03 PM ET
Size
17.2 KB
Accession
0001593968-18-000643
Insider Transaction Report
Form 4
Shaw Thomas D
Director
Transactions
- Award
Common Share Equivalent
2018-03-29$31.56/sh+237.643$7,500→ 23,315.034 total→ Common Stock (237.343 underlying) - Award
Common Share Equivalent
2018-03-29$31.56/sh+59.411$1,875→ 23,374.445 total→ Common Stock (59.411 underlying) - Award
Common Share Equivalent
2018-03-29$31.56/sh+160.869$5,077→ 23,535.314 total→ Common Stock (160.869 underlying)
Holdings
- 1,525(indirect: By IRA)
Common Stock
- 11,658(indirect: By Trust)
Common Stock
- 2,900(indirect: By IRA)
Common Stock
Footnotes (6)
- [F1]The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose
- [F2]No exercise price for this type of award
- [F3]Represents common share equivalents acquired by the reporting person under the Directors Deferred Compensation Plan (DDCP) of the Issuer with respect to directors fees deferred by the reporting person during the quarter, based upon the closing price of the underlying shares on the last day of the quarter. Each common share equivalent is the economic equivalent of one share of common stock. Common share equivalents received for deferred director fees are fully vested on the transaction date listed above.
- [F4]Common share equivalents become payable upon termination of service as a director except for any unvested portion of the Issuer matching contribution.
- [F5]Represents common share equivalents acquired by the reporting person in the DDCP through the 25% Issuer matching contribution for the director fees paid to the reporting person during the quarter, based upon the closing price of the underlying shares on the last day of the quarter. Common share equivalents received for the Issuer matching contribution vest in four equal annual portions beginning on the first anniversary of the grant date, and unvested matching contributions are forfeited at the time service as a director terminates.
- [F6]Represents common share equivalents acquired by the reporting person in the DDCP pursuant to the reinvestment of dividends received during the quarter on common share equivalents held in the DDCP by the reporting person at the time such dividend was paid on the underlying shares, based upon closing price of the underlying shares on the last day of the quarter. Common share equivalents received for dividend reinvestments are fully vested on the transaction date listed above and become payable upon termination of service as a director.
Issuer
Midland States Bancorp, Inc.
CIK 0001466026
Entity typeother
Related Parties
1- filerCIK 0001672607
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 6:03 PM ET
- Size
- 17.2 KB