4//SEC Filing
Schultz John M 4
Accession 0001593968-20-001968
CIK 0001466026other
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 11:49 AM ET
Size
16.5 KB
Accession
0001593968-20-001968
Insider Transaction Report
Form 4
Schultz John M
Director
Transactions
- Award
Common Share Equivalent
2020-09-30$12.85/sh+869.475$11,173→ 69,642.001 total→ Common Stock (869.475 underlying) - Award
Common Share Equivalent
2020-09-30$12.85/sh+1,500.422$19,280→ 71,142.423 total→ Common Stock (1,500.422 underlying)
Holdings
- 288,426
Common Stock
- 2,750(indirect: By Spouse)
Common Stock
- 42,554(indirect: Agracel, Inc.)
Common Stock
- 69,903(indirect: By LLC)
Common Stock
- 3,303
Restricted Stock Unit
→ Common Stock (3,303 underlying)
Footnotes (5)
- [F1]Includes holdings through a self-directed IRA or revocable grantor trust
- [F2]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
- [F3]Each common stock equivalent is the economic equivalent of one share of common stock.
- [F4]Represents common share equivalents acquired by the reporting person under the Issuers Directors Deferred Compensation Plan (DDCP) with respect to director 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 fully vested on the transaction date listed above and become payable upon termination of service as a director.
- [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.
Issuer
Midland States Bancorp, Inc.
CIK 0001466026
Entity typeother
Related Parties
1- filerCIK 0001526231
Filing Metadata
- Form type
- 4
- Filed
- Oct 1, 8:00 PM ET
- Accepted
- Oct 2, 11:49 AM ET
- Size
- 16.5 KB