McDaniel Jerry L. 5
5 · Midland States Bancorp, Inc. · Filed Jan 12, 2023
Insider Transaction Report
Form 5
McDaniel Jerry L.
Director
Transactions
- Other
Common Stock
2023-01-12+81,783→ 89,283 total(indirect: By Trust)
Holdings
- 13,000(indirect: By LLC)
Common Stock
- 2,660(indirect: By Daughter)
Common Stock
- 2,660(indirect: By Daughter)
Common Stock
- 20,000(indirect: By Trust)
Depositary shares
- 3,360(indirect: By Son)
Common Stock
- 20,000(indirect: By Trust)
Depositary shares
- 2,060
Restricted Stock Unit
→ Common Stock (2,060 underlying) - 30,709.361
Common Share Equivalent
→ Common Stock (30,709.361 underlying) - 1,664
Restricted Stock Unit
→ Common Stock (1,664 underlying)
Footnotes (5)
- [F1]Consolidation of common stock into 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 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.
- [F5]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, 2023 and vested shares will be delivered to the reporting person within 30 days of vesting.