0001127602-19-012363.txt : 20190319
0001127602-19-012363.hdr.sgml : 20190319
20190319202745
ACCESSION NUMBER: 0001127602-19-012363
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190315
FILED AS OF DATE: 20190319
DATE AS OF CHANGE: 20190319
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SCUDDER MICHAEL L
CENTRAL INDEX KEY: 0001199246
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-10967
FILM NUMBER: 19693324
MAIL ADDRESS:
STREET 1: 300 PARK BLVD
STREET 2: SUITE 405
CITY: ITASCA
STATE: IL
ZIP: 60143
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: FIRST MIDWEST BANCORP INC
CENTRAL INDEX KEY: 0000702325
STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021]
IRS NUMBER: 363161078
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 8750 WEST BRYN MAWR AVENUE
STREET 2: SUITE 1300
CITY: CHICAGO
STATE: IL
ZIP: 60631
BUSINESS PHONE: 6308757450
MAIL ADDRESS:
STREET 1: 8750 WEST BRYN MAWR AVENUE
STREET 2: SUITE 1300
CITY: CHICAGO
STATE: IL
ZIP: 60631
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2019-03-15
0000702325
FIRST MIDWEST BANCORP INC
FMBI
0001199246
SCUDDER MICHAEL L
8750 WEST BRYN MAWR AVENUE
SUITE 1300
CHICAGO
IL
60631
1
1
Chairman & CEO
Common Stock
2019-03-15
4
A
0
29134
21.91
A
112811
D
Common Stock
2019-03-15
4
F
0
4304
21.91
D
108507
D
Common Stock
2019-03-15
4
F
0
4429
21.91
D
104078
D
Common Stock
2019-03-15
4
F
0
4182
21.91
D
99896
D
Common Stock
770
I
By IRA
Common Stock
9950
I
By NQ Stock Option Gain Deferral Plan
Common Stock
9175
I
By Trust
Common Stock
206612
I
Indirect by Trust for Spouse
Represents performance shares earned by the Reporting Person on March 15, 2019. The performance shares were granted by the Issuer to the Reporting Person under the Amended and Restated First Midwest Bancorp, Inc. Omnibus Stock and Incentive Plan on February 17, 2016, subject to a three year (2016-2018) performance period. Of the performance shares earned, 9,712 vested immediately and were paid in shares of First Midwest Bancorp, Inc. Common Stock. The remaining 19,422 earned performance shares represent the right to receive shares of First Midwest Bancorp, Inc. Common Stock upon satisfaction of a service-based vesting requirement and are scheduled to vest in two equal annual installments on March 15, 2020 and March 15, 2021.
Reflects the surrender of 4,304 shares of First Midwest Bancorp, Inc. Common Stock to satisfy the Reporting Person's tax withholding obligation in connection with the vesting of the first tranche of the earned performance shares described in note 1.
On February 18, 2015, the Issuer granted the Reporting Person a performance shares award under the Amended and Restated First Midwest Bancorp, Inc. Omnibus Stock and Incentive Plan, subject to a three year (2015-2017) performance period, as to which 29,986 performance shares were earned on March 15, 2018. The earned performance shares were scheduled to vest in three equal annual installments on the date earned and the first and second anniversary thereof. On March 15, 2019, the second installment of 9,996 of the originally earned performance shares vested and were paid in shares of First Midwest Bancorp, Inc. Common Stock, of which 4,429 shares were surrendered by the Reporting Person to satisfy tax withholding obligations. This form is being filed to reflect the surrender of such shares to satisfy the Reporting Person's tax withholding obligation.
On February 19, 2014, the Issuer granted the Reporting Person a performance shares award under the Amended and Restated First Midwest Bancorp, Inc. Omnibus Stock and Incentive Plan, subject to a three year (2014-2016) performance period, as to which 28,315 performance shares were earned on March 15, 2017. The earned performance shares were scheduled to vest in three equal annual installments on the date earned and the first and second anniversary thereof. On March 15, 2019, the third installment of 9,438 of the originally earned performance shares vested and were paid in shares of First Midwest Bancorp, Inc. Common Stock, of which 4,182 shares were surrendered by the Reporting Person to satisfy tax withholding obligations. This form is being filed to reflect the surrender of such shares to satisfy the Reporting Person's tax withholding obligation.
29,416 of these shares are restricted stock units / performance shares.
Andrea L. Stangl, Attorney-in-fact for Michael L. Scudder
2019-03-19