4//SEC Filing
Schultz John M 4
Accession 0001593968-20-001057
CIK 0001466026other
Filed
Apr 28, 8:00 PM ET
Accepted
Apr 29, 10:39 AM ET
Size
14.3 KB
Accession
0001593968-20-001057
Insider Transaction Report
Form 4
Schultz John M
Director
Transactions
- Purchase
Common Stock
2020-04-28$15.51/sh+5,000$77,557→ 288,426 total
Holdings
- 1,185
Restricted Stock Unit
→ Common Stock (1,185 underlying) - 2,750(indirect: By Spouse)
Common Stock
- 42,554(indirect: Agracel, Inc.)
Common Stock
- 69,903(indirect: By LLC)
Common Stock
- 66,623.716
Common Share Equivalent
→ Common Stock (66,623.716 underlying)
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $15.46 - 15.67 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 purchased at each price within the ranges set forth in this footnote.
- [F2]Includes holdings through a self-directed IRA or revocable grantor trust
- [F3]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
- [F4]Each common stock equivalent is the economic equivalent of one share of common stock.
- [F5]Represents restricted stock units acquired by the reports person under the 2019 Long-Term Incentive Plan and deferred under the DDCP on the grant date. Each restricted stock unit is the contingent right to receive one share of Issuer common stock. Restricted stock units will fully vest on March 31, 2020 and vested shares will be delivered to the reporting person based on the terms of the DDCP and the reporting persons distribution elections thereunder.
Issuer
Midland States Bancorp, Inc.
CIK 0001466026
Entity typeother
Related Parties
1- filerCIK 0001526231
Filing Metadata
- Form type
- 4
- Filed
- Apr 28, 8:00 PM ET
- Accepted
- Apr 29, 10:39 AM ET
- Size
- 14.3 KB