EVP of First Midwest Bancorp just picked up 1,813 shares

Nicholas J Chulos, EVP of First Midwest Bancorp, recently acquired 1,813 shares of the company. The buys took place at prices ranging from $0.00 to $25.97 per share, on March 15, 2018. Chulos now owns 50,403 shares of the company. Chulos operates out of Itasca, IL. Some additional info was provided as follows:

On February 20, 2013, the Issuer granted the Reporting Person a performance shares award under the Amended and Restated First Midwest Bancorp, Inc. Omnibus Stock and Incentive Plan, subject to a three year (2013-2015) performance period, as to which 2,898 performance shares were earned on March 15, 2016. The earned performance shares were scheduled to vest in three equal annual installments on the date earned and the first and second anniversary thereof. On M arch 15, 2018, the third installment of 966 of the originally earned performance shares vested and were paid in shares of First Midwest Bancorp, Inc. Common Stock, of which 429 shares were surrendered by the Reporting Person 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 19, 2014, the Issuer granted the Reporting Person a performance shares award under the Amended and Restated First Midwest Bancorp, Inc. Omnibus Stock and Incentive Plan, subject to a three year (2014-2016) performance period, as to which 2,486 performance shares were earned on March 15, 2017. The earned performance shares were scheduled to vest in three equal annual installments on the date earned and the first and second anniversary thereof. On March 15, 2018, the second installment of 829 of the originally earned performance shares vested and were paid in shares of First Midwest Bancorp, Inc. Common Stock, of which 368 shares were surrendered by the Reporting Person 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. Represents performance shares earned by the Reporting Person on March 15, 2018. The performance shares were granted by the Issuer to the Reporting Person under the Amended and Restated First Midwest Bancorp, Inc. Omnibus Stock and Incentive Plan on February 18, 2015, subject to a three year (2015-2017) performance period. Of the performance shares earned, 1,022 vested immediately and were paid in shares of First Midwest Bancorp, Inc. Common Stock. The remaining 2,042 earned performance shares represent the right to receive shares of First Midwest Bancorp, Inc. Common Stock upon satisfaction of a service-based vesting requirement and are scheduled to vest in two equal annual installments on March 15, 2019 and March 15, 2020. Reflects the surrender of 454 shares of First Midwest Bancorp, Inc. Common Stock to satisfy the Reporting Person's tax withholding obligation in connection with the vesting of the first tranche of the earned performance shares described in note 3. 2,870 of these shares are restricted stock units / performance shares. Between February 22, 2018 and March 7, 2018, the Reporting Person acquired the following shares of First Midwest Bancorp, Inc. Common Stock under the First Midwest Bancorp, Inc. Savings and Profit Sharing Plan: (a) 20 shares pursuant to match contributions from the Company; (b) 26 shares pursuant to payroll contributions; and (c) 1 share was sold to pay administrative fees. This information is based on a Plan statement dated March 7, 2018.

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's EVP and Chief Risk Officer just disposed of 603 shares - Dec. 10, 2018
Prospectuses and communications, business combinations - Dec. 10, 2018
Prospectuses and communications, business combinations - Dec. 10, 2018
Prospectuses and communications, business combinations - Dec. 7, 2018
First Midwest To Acquire Bridgeview Bank - Dec. 7, 2018

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