Actionable news
0
All posts from Actionable news
Actionable news in MSBI: Midland States Bancorp Inc,

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

SEC Form 4

FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Mefford Jeffrey S.
(Last) (First) (Middle)
1201 NETWORK CENTRE DR.
(Street)
EFFINGHAM IL 62401
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Midland States Bancorp, Inc. [ MSBI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP-Banking / Midland States Bank
3. Date of Earliest Transaction (Month/Day/Year)
11/16/2017
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/16/2017 F 183 D $31.03 22,107.458 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option (right to buy) $18.16 (1) 12/06/2020 Common Stock 9,520 9,520 D
Option (right to buy) $16 (2) 12/13/2022 Common Stock 5,500 5,500 D
Option (right to buy) $23 (3) 11/03/2025 Common Stock 10,702 10,702 D
Option (right to buy) $16.59 (4) 12/10/2023 Common Stock 6,661 6,661 D
Option (right to buy) $21 (5) 12/02/2024 Common Stock 7,885 7,885 D
Option (right to buy) $14.7 (6) 05/05/2018 Common Stock 7,000 7,000 D
Option (right to buy) $15.2 (7) 12/31/2019 Common Stock 7,500 7,500 D
Option (right to buy) $14.75 (8) 12/16/2021 Common Stock 5,559 5,559 D
Option (right to buy) $11.75 (9) 06/22/2019 Common Stock 12,756 12,756 D
Option (right to buy) $18 (10) 08/05/2024 Common Stock 10,000 10,000 D
Option (right to buy) $28.59 (11) 11/16/2026 Common Stock 5,341 5,341 D
Explanation of Responses:
1. These options vest in four equal annual installments beginning one year after the 12/06/2010 date of grant.
2. These options vest in four equal annual installments beginning one year after the 12/13/2012 date of grant.
3. These options vest in four equal annual installments beginning one year after the 11/03/2015 date of grant.
4. These options vest in four equal annual installments beginning one year after the 12/10/2013 date of grant.
5. These options vest in four equal annual installments beginning one year after the 12/02/2014 date of grant.
6. These options vest in four equal annual installments beginning one year after the 05/05/2008 date of grant.
7. These options vest in four equal annual installments beginning one year after the 12/31/2009 date of grant.
8. These options vest in four equal annual installments beginning one year after the 12/16/2011 date of grant.
9. These options vest in four equal annual installments beginning one year after the 06/22/2009 date of grant.
10. Such options will vest on 12/31/2017 if specific performance metrics are satisfied, as determined by the Board of Directors.
11. These options vest in four equal annual installments beginning one year after the 11/16/2016 date of grant.
Remarks:
/s/ Mefford Jeffrey S 11/17/2017
/s/ Douglas J. Tucker, attorney-in-fact 11/17/2017
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

More