Erickson Stephen A. 4
4 · Midland States Bancorp, Inc. · Filed Mar 7, 2019
Insider Transaction Report
Form 4
Erickson Stephen A.
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2019-03-06$16.00/sh+2,110$33,760→ 13,062.844 total - Sale
Common Stock
2019-03-06$25.25/sh−2,110$53,276→ 10,952.844 total - Exercise/Conversion
Option (right to buy)
2019-03-06−2,110→ 19,308 totalExercise: $16.00Exp: 2022-05-08→ Common Stock (2,110 underlying)
Holdings
- 2,438
Option (right to buy)
Exercise: $16.00Exp: 2022-12-13→ Common Stock (2,438 underlying) - 5,045
Option (right to buy)
Exercise: $23.00Exp: 2025-11-03→ Common Stock (5,045 underlying) - 4,822
Option (right to buy)
Exercise: $16.59Exp: 2023-12-10→ Common Stock (4,822 underlying) - 2,289
Option (right to buy)
Exercise: $28.59Exp: 2026-11-16→ Common Stock (2,289 underlying) - 3,909
Option (right to buy)
Exercise: $21.00Exp: 2024-12-02→ Common Stock (3,909 underlying)
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.07 - $25.435 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]These options have a 10 year term and become partially exercisable after 1 year and vest in four equal annual installments.