Smith Jeffrey C. 4
4 · Midland States Bancorp, Inc. · Filed Jan 3, 2024
Insider Transaction Report
Form 4
Smith Jeffrey C.
Director
Transactions
- Award
Common Share Equivalent
2023-12-29$27.56/sh+80.733$2,225→ 1,986.859 total→ Common Stock (80.733 underlying) - Award
Common Share Equivalent
2023-12-29$23.30/sh+152.838$3,561→ 1,906.126 total→ Common Stock (152.838 underlying)
Holdings
- 32,959
Common Stock
- 10,116.779
Restricted Stock Unit
→ Common Stock (10,116.779 underlying)
Footnotes (3)
- [F1]Each common stock equivalent is the economic equivalent of one share of common stock.
- [F2]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. 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.
- [F3]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.