Sec Form 4 Filing - McDaniel Jerry L. @ Midland States Bancorp, Inc. - 2019-03-31

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
McDaniel Jerry L.
2. Issuer Name and Ticker or Trading Symbol
Midland States Bancorp, Inc. [ MSBI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
1201 NETWORK CENTRE DR.
3. Date of Earliest Transaction (MM/DD/YY)
03/31/2019
(Street)
EFFINGHAM, IL62401
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 57,305 ( 1 ) I James H. McDaniel Revocable Trust
Common Stock 100,000 ( 1 ) I Evalia Enterprises, LLC.
Common Stock 35,663 ( 1 ) I Four Diamond Capital LLC
Common Stock 2,660 ( 1 ) I By Daughter
Common Stock 2,660 ( 1 ) I By Daughter
Common Stock 3,360 ( 1 ) I By Son
Common Stock 7,000 I Jerry L McDaniel Revocable Trust
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Common Share Equivalent ( 2 ) 03/31/2019 A 779.3018 ( 4 ) ( 4 ) Common Stock 779.3018 $ 24.06 ( 3 ) 23,827.0262 D
Common Share Equivalent ( 2 ) 03/31/2019 A 194.8254 ( 4 ) ( 4 ) Common Stock 194.8254 $ 24.06 ( 5 ) 24,021.8516 D
Common Share Equivalent ( 2 ) 03/31/2019 A 232.2015 ( 4 ) ( 4 ) Common Stock 232.2015 $ 24.06 ( 6 ) 24,254.0531 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
McDaniel Jerry L.
1201 NETWORK CENTRE DR.
EFFINGHAM, IL62401
X
Signatures
/s/ McDaniel Jerry L 04/02/2019
Signature of Reporting Person Date
/s/ Douglas J. Tucker, attorney-in-fact 04/02/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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
( 2 )No exercise price for this type of award
( 3 )Represents common share equivalents acquired by the reporting person under the Issuers Directors Deferred Compensation Plan (DDCP) with respect to director fees deferred by the reporting person during the quarter, based upon the closing price of the underlying shares on the last day of the quarter. Each common share equivalent is the economic equivalent of one share of common stock. Common share equivalents received for deferred director fees fully vested on the transaction date listed above and become payable upon termination of service as a director.
( 4 )Common share equivalents become payable upon termination of service as a director except for any unvested portion of the Issuer matching contribution.
( 5 )Represents common share equivalents acquired by the reporting person in the DDCP through the 25% Issuer matching contribution for the director fees paid to the reporting person during the quarter, based upon the closing price of the underlying shares on the last day of the quarter. Common share equivalents received for the Issuer matching contribution vest in four equal annual portions beginning on the first anniversary of the grant date, and unvested matching contributions are forfeited at the time service as a director terminates.
( 6 )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, based upon closing price of the underlying shares on the last day of the quarter. 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.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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