0001593968-20-000033.txt : 20200103 0001593968-20-000033.hdr.sgml : 20200103 20200103123327 ACCESSION NUMBER: 0001593968-20-000033 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20191231 FILED AS OF DATE: 20200103 DATE AS OF CHANGE: 20200103 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Ludwig Jeffrey G. CENTRAL INDEX KEY: 0001526235 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35272 FILM NUMBER: 20504121 MAIL ADDRESS: STREET 1: MIDLAND STATES BANCORP, INC. STREET 2: 133 WEST JEFFERSON AVENUE CITY: EFFINGHAM STATE: IL ZIP: 62401 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Midland States Bancorp, Inc. CENTRAL INDEX KEY: 0001466026 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 371233196 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1201 NETWORK CENTRE DRIVE CITY: EFFINGHAM STATE: IL ZIP: 62401 BUSINESS PHONE: (217) 342-2141 MAIL ADDRESS: STREET 1: 1201 NETWORK CENTRE DRIVE CITY: EFFINGHAM STATE: IL ZIP: 62401 4 1 primary_01.xml PRIMARY DOCUMENT X0306 4 2019-12-31 0001466026 Midland States Bancorp, Inc. MSBI 0001526235 Ludwig Jeffrey G. 1201 NETWORK CENTRE DR. EFFINGHAM IL 62401 true true false false President & CEO Common Stock 2019-12-31 4 A false 175.6510 28.96 A 192403.3950 D Common Stock 11569 I JQ Properties Option (right to buy) 18.16 2020-12-06 Common Stock 16790 16790 D Option (right to buy) 16 2022-12-13 Common Stock 8075 8075 D Option (right to buy) 23 2025-11-03 Common Stock 16800 16800 D Option (right to buy) 16.59 2023-12-10 Common Stock 9482 9482 D Option (right to buy) 21 2024-12-02 Common Stock 12753 12753 D Option (right to buy) 14.75 2021-12-16 Common Stock 8356 8356 D Option (right to buy) 18 2024-08-05 Common Stock 60000 60000 D Option (right to buy) 28.59 2026-11-16 Common Stock 8383 8383 D Represents shares acquired by the reporting person in the ESPP pursuant to the reinvestment of dividends received during the quarter on shares held in the ESPP by the reporting person at the time such dividend was paid. Pursuant to the ESPP, the price used for each dividend reinvestment is the closing price of the Issuers shares on the last day of the quarter. 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 These options vest in four equal annual installments beginning one year after the 12/06/2010 date of grant. These options vest in four equal annual installments beginning one year after the 12/13/2012 date of grant. These options vest in four equal annual installments beginning one year after the 11/03/2015 date of grant. These options vest in four equal annual installments beginning one year after the 12/10/2013 date of grant. These options vest in four equal annual installments beginning one year after the 12/02/2014 date of grant. These options vest in four equal annual installments beginning one year after the 12/16/2011 date of grant. Options vested on 12/31/2017. These options vest in four equal annual installments beginning one year after the 11/16/2016 date of grant. /s/ Ludwig Jeffrey G 2020-01-03 /s/ Douglas J. Tucker, attorney-in-fact 2020-01-03 EX-24 2 jeffludwig.txt EX-24 DOCUMENT POWER OF ATTORNEY - SECTION 16 FILINGS Know all by these presents, that the undersigned hereby constitutes and appoints each of Douglas J. Tucker and Sarah Leonard as the undersigned's true and lawful attorney-in-fact to: (1) prepare, execute for and on behalf of the undersigned, and submit to the United States Securities and Exchange Commission (the "Commission") a Form ID, including amendments thereto, and any other documents necessary or appropriate to obtain codes and passwords enabling the undersigned to make electronic filings with the Commission of reports required by Section 16(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or any rule or regulation of the SEC; (2) execute for and on behalf of the undersigned, in the undersigned's capacity as a reporting person of Midland States Bancorp, Inc. (the "Company") pursuant to Section 16 of the Exchange Act and the rules thereunder, Forms 3, 4 and 5 in accordance with Section 16(a) of the Exchange Act and the rules thereunder; (3) do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4 or 5, complete and execute any amendment or amendments thereto and file such fonn with the Commission and the applicable stock exchange or similar authority; and (4) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of any of such attorneys-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by any of such attorneys in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as any of such attorneys-in-fact may approve in his or her discretion. The undersigned hereby grants to each such attorney-in-fact full power and authority to act separately and to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that any of such attorneys-in-fact, or the substitute or substitutes of any of such attorneys-in-fact, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Exchange Act. This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4 and 5 with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact. IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 2nd day of February, 2016 /s/Jeff Ludwig Signature 1 160464.vl