4//SEC Filing
Ludwig Jeffrey G. 4
Accession 0001593968-24-001318
CIK 0001466026other
Filed
Oct 28, 8:00 PM ET
Accepted
Oct 29, 5:17 PM ET
Size
17.5 KB
Accession
0001593968-24-001318
Insider Transaction Report
Form 4
Ludwig Jeffrey G.
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Common Stock
2024-10-29$21.00/sh+12,753$267,813→ 356,688.432 total - Sale
Common Stock
2024-10-29$24.52/sh−12,753$312,683→ 343,935.432 total - Exercise/Conversion
Option (right to buy)
2024-10-29$21.00/sh−12,753$267,813→ 0 totalExercise: $21.00Exp: 2024-12-02→ Common Stock (12,753 underlying)
Holdings
- 11,569(indirect: JQ Properties)
Common Stock
- 16,800
Option (right to buy)
Exercise: $23.00Exp: 2025-11-03→ Common Stock (16,800 underlying) - 8,383
Option (right to buy)
Exercise: $28.59Exp: 2026-11-16→ Common Stock (8,383 underlying) - 52,291
Option (right to buy)
Exercise: $28.43Exp: 2032-10-31→ Common Stock (52,291 underlying)
Footnotes (6)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $24.50 - $24.63 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]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]These options vest in four equal annual installments beginning one year after the 12/02/2014 date of grant.
- [F4]These options vest in four equal annual installments beginning one year after the 11/03/2015 date of grant.
- [F5]These options vest in four equal annual installments beginning one year after the 11/16/2016 date of grant.
- [F6]These options vest in four equal annual installments beginning one year after the 10/31/2022 date of grant.
Issuer
Midland States Bancorp, Inc.
CIK 0001466026
Entity typeother
Related Parties
1- filerCIK 0001526235
Filing Metadata
- Form type
- 4
- Filed
- Oct 28, 8:00 PM ET
- Accepted
- Oct 29, 5:17 PM ET
- Size
- 17.5 KB