Michelle Y Hoskins, EVP of First Midwest Bancorp, recently acquired 4,815 shares of the company. The buys took place at $24.75 per share, on February 22, 2017. Hoskins now owns 15,712 shares of the company. Hoskins operates out of Itasca, IL. Some additional info was provided as follows:
Long Term Incentive Compensation restricted stock award granted pursuant to the Amended and Restated First Midwest Bancorp, Inc. Omnibus Stock and Incentive Plan.
The number of shares represented by this award was determined by dividing the dollar value of the award granted to the Reporting Person by $24.75 (the average high and low sale price of one share of the Issuer's Common Stock on the date of grant). This award will vest in two equal installments, specifically on the second an
d third anniversaries of the date of grant.
Between February 19, 2016 and February 24, 2017, the Reporting Person acquired the following shares of First Midwest Bancorp, Inc. Common Stock under the First Midwest Bancorp, Inc. Savings and Profit Sharing Plan: (a) 8 shares pursuant to match contributions from the Company; (b) 61 shares pursuant to payroll contributions; and (c) 8 shares pursuant to the Dividend Reinvestment feature of the Plan. This information is based on a Plan statement dated February 24, 2017.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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