First Midwest Bancorp director just picked up 553 shares

Patrick J Mcdonnell, a director of First Midwest Bancorp, recently acquired 553 shares of the company. The buys took place at $22.59 per share, on July 27, 2017. Mcdonnell now owns 33,237 shares of the company. Mcdonnell operates out of Itasca, IL. Some additional info was provided as follows:

Award of stock granted pursuant to the Amended and Restated First Midwest Bancorp, Inc. Non-Employee Director Stock Plan. This award represents the second payment for 2017 of the equity portion of the Reporting Person's annual director compensation, which is paid in equal installments on a quarterly basis and may be paid, at the Reporting Person's option, in cash or stock. The number of shares represented by this award was determined by dividing the dollar value of the award gr anted to the Reporting Person by the price shown, which is the average high and low sale price of one share of the Issuer's Common Stock on the date of grant.

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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