First Midwest Bancorp director was just granted 583 restricted shares

Arsdell Stephen Van, a director of First Midwest Bancorp, just received 583 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 1,169 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 April 14, 2017 and July 14, 2017, the Reporting Person acquired 583 shares of First Midwest Bancorp, Inc. Common Stock under the First Midwest Bancorp, Inc. Non-Qualified Deferred Compensation Plan. The information in this report is based on a plan statement dated July 14, 2017. Between April 14, 2017 and July 11, 2017, the Reporting Person acquired 2 shares of First Midwest Bancorp, Inc. Common Stock pursuant to the Dividend Reinvestment feature under the First Midwest Bancorp, Inc. Non-Qualified Deferred Compensation Plan. The information in this report is based on a plan statement dated July 11, 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 just disposed of 3,500 shares - Sept. 18, 2017
EVP of First Midwest Bancorp was just granted 7 restricted shares - Sept. 18, 2017
Report of proposed sale of securities - Sept. 15, 2017
EVP of First Midwest Bancorp was just granted 7 restricted shares - Sept. 5, 2017

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