4//SEC Filing
HOLSCHBACH LEON J 4
Accession 0001593968-20-000037
CIK 0001466026other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 12:41 PM ET
Size
19.2 KB
Accession
0001593968-20-000037
Insider Transaction Report
Form 4
HOLSCHBACH LEON J
DirectorCEO
Transactions
- Exercise/Conversion
Common Stock
2020-01-02$18.00/sh+9,500$171,000→ 161,095 total - Exercise/Conversion
Option (right to buy)
2020-01-02$18.00/sh−9,500$171,000→ 60,766 totalExercise: $18.00Exp: 2024-08-05→ Common Stock (9,500 underlying) - Award
Common Share Equivalent
2019-12-31$28.96/sh+36.264$1,050→ 4,367.024 total→ Common Stock (36.264 underlying) - Sale
Common Stock
2020-01-02$28.65/sh−9,500$272,183→ 151,595 total
Holdings
- 825
Restricted Stock Unit
→ Common Stock (825 underlying) - 11,820
Option (right to buy)
Exercise: $18.16Exp: 2020-12-06→ Common Stock (11,820 underlying) - 22,762
Option (right to buy)
Exercise: $21.00Exp: 2024-12-02→ Common Stock (22,762 underlying)
Footnotes (8)
- [F1]Includes holdings through a self-directed IRA or revocable grantor trust
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.55 - 29.05 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.
- [F3]Options vested on 12/31/2017.
- [F4]Each common stock equivalent is the economic equivalent of one share of common stock.
- [F5]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 fully vested on the transaction date listed above and become payable upon termination of service as a director.
- [F6]These options vest in four equal annual installments beginning one year after the 12/06/2010 date of grant.
- [F7]These options vest in four equal annual installments beginning one year after the 12/02/2014 date of grant.
- [F8]Represents restricted stock units acquired by the reporting person under the 2019 Long-Term Incentive Plan on the grant date. Each restricted stock unit is the contingent right to receive one share of Issuer common stock. Restricted stock units vest on March 31, 2020 and vested shares will be delivered to the reporting person within 30 days of vesting.
Issuer
Midland States Bancorp, Inc.
CIK 0001466026
Entity typeother
Related Parties
1- filerCIK 0001169100
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 12:41 PM ET
- Size
- 19.2 KB