Michelle Y Hoskins, EVP of First Midwest Bancorp, just received 5 restricted shares from the company. The restricted shares don't become available to Hoskins until such time as they become vested. Hoskins now owns at least 1,637 restricted shares of the company.
Some additional info was provided as follows:
Shares of phantom stock acquired under the Nonqualified Retirement 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 June 9, 2017 and June 23, 2017, the Reporting Person acquired 5 shares of First Midwest Bancorp, Inc. common stock under the First Midwest Bancorp, Inc. Non-Qualified Retirement Plan through the bi-weekly employee contribution feature of the Plan.
The information in this report is based on a Plan statement dated June 23, 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:
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