4//SEC Filing
Funderburg R. Robert Jr 4
Accession 0001593968-19-000127
CIK 0001466026other
Filed
Jan 7, 7:00 PM ET
Accepted
Jan 8, 3:45 PM ET
Size
7.2 KB
Accession
0001593968-19-000127
Insider Transaction Report
Form 4
Funderburg R. Robert Jr
Director
Transactions
- Sale
Common Stock
2019-01-07$23.09/sh−15,000$346,328→ 488,552 total
Holdings
- 414,355(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.05 - $23.35 inclusive. The reporting person undertakes to provide to Midland States Bancorp, Inc., any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each price within the ranges set forth in this footnote.
- [F2]The shares of Common Stock of the Issuer reported by the Reporting Person represent shares held through revocable trusts or directly by or for the benefit of the Reporting Person or members of his household. The Reporting Person may be deemed to be the beneficial owner of certain of such shares of Common Stock of the Issuer held directly by or in trust for the benefit of such members of his household but the Reporting Person does not have any voting or dispositive powers with respect to these shares and disclaims any beneficial ownership thereof and this report shall not be deemed an admission that the Reporting Person is the beneficial owner thereof for the purposes of Section 16 or otherwise.
- [F3]The shares of Common Stock of the Issuer reported by the Reporting Person represent shares held through various irrevocable trusts for which Midland States Bank acts as trustee and of which the Reporting Person is a beneficiary and may be deemed to be the beneficial owner of the shares of Common Stock of the Issuer held therein. The Reporting Person disclaims beneficial ownership thereof except to the extent of his pecuniary interest therein for the purposes of Section 16 or otherwise. Midland States Bank serves solely as trustee of such trusts and has no pecuniary interest as to the shares of Common Stock of the Issuer held therein.
Documents
Issuer
Midland States Bancorp, Inc.
CIK 0001466026
Entity typeother
Related Parties
1- filerCIK 0001730249
Filing Metadata
- Form type
- 4
- Filed
- Jan 7, 7:00 PM ET
- Accepted
- Jan 8, 3:45 PM ET
- Size
- 7.2 KB