First Midwest Bancorp's EVP and Treasurer just disposed of 3,422 shares

James P Hotchkiss, First Midwest Bancorp's EVP and Treasurer, recently disposed of 3,422 shares of the company. The disposals took place at $25.08 per share, on dates ranging from February 17 to February 18, 2018. Hotchkiss still owns 64,051 shares of the company. Hotchkiss operates out of Itasca, IL. Some additional info was provided as follows:

On February 17, 2016 the Issuer granted the Reporting Person a Restricted Stock Award (RSA) of 6,601 restricted shares of First Midwest Bancorp, Inc. Common Stock under the First Midwest Bancorp, Inc. Omnibus Stock and Incentive Plan which were scheduled to vest in two equal annual installments on the second and third anniversary of the date of grant. On February 17, 2018, 3,301 of the originally granted RSAs vested, of whi ch 1,638 shares were surrendered by the Reporting Person in order to satisfy tax withholding obligations. This form is being filed to reflect the surrender of such shares to satisfy the Reporting Person's tax withholding obligation. On February 18, 2015 the Issuer granted the Reporting Person a Restricted Stock Award (RSA) of 8,171 restricted shares of First Midwest Bancorp, Inc. Common Stock under the First Midwest Bancorp, Inc. Omnibus Stock and Incentive Plan which were scheduled to vest in two equal annual installments on the second and third anniversary of the date of grant. On February 18, 2017, the remaining 4,085 shares of the originally granted RSAs vested, of which 1,784 shares were surrendered by the Reporting Person in order to satisfy tax withholding obligations. This form is being filed to reflect the surrender of such shares to satisfy the Reporting Person's tax withholding obligation. Between March 18, 2017 and January 16, 2018, the Reporting Person acquired 35 shares of First Midwest Bancorp, Inc. Common Stock under the First Midwest Bancorp, Inc. Savings and Profit Sharing Plan pursuant to the Dividend Reinvestment feature of the Plan. Also, 2 shares were also sold from the Reporting Person's Plan account in connection with certain Plan administration actions. This information is based on a Plan statement dated January 16, 2018.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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