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Filing Details

Accession Number:: 0001593968-19-000920
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-04-04 11:17:38
Reporting Period:: 2019-04-02

Accepted Time:: 2019-04-04 11:17:38
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
1730249	Jr Robert R. Funderburg	1201 Network Centre Drive Effingham IL 62401		No	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2019-04-02	7,058	$24.06	407,297	No	4	S	Indirect	Irrevocable Trust(s)

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	Irrevocable Trust(s)

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	425,000	Direct

Footnotes

Reflects a transaction executed pursuant to a Rule 10b5-1 trading plan, a copy of which is on file with the issuer and will be provided to the SEC upon request.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.00 - $24.30 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 this footnote.
The shares of Common Stock of the Issuer reported by the Reporting Person represent shares held through various irrevocable trusts for which Midland States Bank acts as trustee and of which the Reporting Person is a beneficiary and may be deemed to be the beneficial owner of the shares of Common Stock of the Issuer held therein. The Reporting Person disclaims beneficial ownership thereof except to the extent of his pecuniary interest therein for the purposes of Section 16 or otherwise. Midland States Bank serves solely as trustee of such trusts and has no pecuniary interest as to the shares of Common Stock of the Issuer held therein.
The shares of Common Stock of the Issuer reported by the Reporting Person represent shares held through revocable trusts or directly by or for the benefit of the Reporting Person or members of his household. The Reporting Person may be deemed to be the beneficial owner of certain of such shares of Common Stock of the Issuer held directly by or in trust for the benefit of such members of his household but the Reporting Person does not have any voting or dispositive powers with respect to these shares and disclaims any beneficial ownership thereof and this report shall not be deemed an admission that the Reporting Person is the beneficial owner thereof for the purposes of Section 16 or otherwise.