Filing Details

Accession Number:
0001593968-18-000577
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-03-16 16:24:31
Reporting Period:
2018-03-15
Accepted Time:
2018-03-16 16:24:31
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1466026 Midland States Bancorp Inc. MSBI State Commercial Banks (6022) 371233196
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1526235 G. Jeffrey Ludwig 1201 Network Centre Dr.
Effingham IL 62401
President No No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2018-03-15 5,216 $14.70 139,146 No 4 M Direct
Common Stock Disposition 2018-03-15 5,216 $31.87 133,930 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Option (right to buy) Disposition 2018-03-15 5,216 $0.00 5,216 $14.70
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2018-05-05 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 11,569 Indirect JQ Properties
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Option (right to buy) $18.16 2020-12-06 16,790 16,790 Direct
Common Stock Option (right to buy) $16.00 2022-12-13 8,075 8,075 Direct
Common Stock Option (right to buy) $23.00 2025-11-03 16,800 16,800 Direct
Common Stock Option (right to buy) $16.59 2023-12-10 9,482 9,482 Direct
Common Stock Option (right to buy) $15.20 2019-12-31 15,000 15,000 Direct
Common Stock Option (right to buy) $21.00 2024-12-02 12,753 12,753 Direct
Common Stock Option (right to buy) $11.75 2019-06-22 18,190 18,190 Direct
Common Stock Option (right to buy) $14.75 2021-12-16 8,356 8,356 Direct
Common Stock Option (right to buy) $18.00 2024-08-05 60,000 60,000 Direct
Common Stock Option (right to buy) $28.59 2026-11-16 8,383 8,383 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2020-12-06 16,790 16,790 Direct
2022-12-13 8,075 8,075 Direct
2025-11-03 16,800 16,800 Direct
2023-12-10 9,482 9,482 Direct
2019-12-31 15,000 15,000 Direct
2024-12-02 12,753 12,753 Direct
2019-06-22 18,190 18,190 Direct
2021-12-16 8,356 8,356 Direct
2024-08-05 60,000 60,000 Direct
2026-11-16 8,383 8,383 Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.85 - $32.15 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 sold at each price within the ranges set forth in footnote 1 to this form.
  2. 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
  3. These options vest in four equal annual installments beginning one year after the 05/05/2008 date of grant.
  4. These options vest in four equal annual installments beginning one year after the 12/06/2010 date of grant.
  5. These options vest in four equal annual installments beginning one year after the 12/13/2012 date of grant.
  6. These options vest in four equal annual installments beginning one year after the 11/03/2015 date of grant.
  7. These options vest in four equal annual installments beginning one year after the 12/10/2013 date of grant.
  8. These options vest in four equal annual installments beginning one year after the 12/31/2009 date of grant.
  9. These options vest in four equal annual installments beginning one year after the 12/02/2014 date of grant.
  10. These options vest in four equal annual installments beginning one year after the 06/22/2009 date of grant.
  11. These options vest in four equal annual installments beginning one year after the 12/16/2011 date of grant.
  12. Such options will vest on 12/31/2017 if specific performance metrics are satisfied, as determined by the Board of Directors.
  13. These options vest in four equal annual installments beginning one year after the 11/16/2016 date of grant.