Arsdell Stephen Van, a director of First Midwest Bancorp, just received 584 restricted shares from the company. The restricted shares don't become available to Van until such time as they become vested. Van now owns at least 584 restricted shares of the company.
Some additional info was provided as follows:
Shares of phantom stock acquired pursuant to the Nonqualified Deferred Compensation Plan have a 1-for-1 conversion ratio and are payable in cash upon distribution to the Participant in accordance with the terms of the Plan.
Between March 9, 2017 and April 17, 2017, the Reporting Person acquired 584 shares of First Midwest Bancorp, Inc. Common Stock under the First Midwest Bancorp, Inc. Non-Qualified Deferred Compensation Plan. The information in this report i
s based on a plan statement dated April 13, 2017.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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Other recent filings from the company include the following:
First Midwest Bancorp director was just granted 522 restricted shares - Jan. 16, 2018
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EVP of First Midwest Bancorp just disposed of 859 shares - Jan. 2, 2018