[Form 4] Midland States Bancorp, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
McDaniel Jerry L.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Share Equivalent | 640.757 | $17.88 | $11K |
| Grant/Award | Common Stock | 2,598 | $17.32 | $45K |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Depositary shares | -- | -- | -- |
Holdings After Transaction:
Common Share Equivalent — 35,537.479 shares (Direct);
Common Stock — 8,258 shares (Direct);
Restricted Stock Unit — 2,060 shares (Direct);
Common Stock — 13,000 shares (Indirect, Four Diamond Capital LLC);
Depositary shares — 20,000 shares (Indirect, Jerry L McDaniel Revocable Trust)
Footnotes (1)
- Annual Director Stock Award with immediate vesting schedule. 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 Each common stock equivalent is the economic equivalent of one share of common stock. 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. Represents restricted stock units acquired by the reports person under the 2019 Long-Term Incentive Plan and deferred under the DDCP on the grant date. Each restricted stock unit is the contingent right to receive one share of Issuer common stock. Restricted stock units will fully vest on March 31, 2020 and vested shares will be delivered to the reporting person based on the terms of the DDCP and the reporting persons distribution elections thereunder.
