First Midwest Bancorp director was just granted 590 restricted shares

Phupinder Gill, a director of First Midwest Bancorp, just received 590 restricted shares from the company. The restricted shares don't become available to Gill until such time as they become vested. Gill now owns at least 24,875 restricted shares of the company.

Some additional info was provided as follows:

Shares of phantom stock acquired pursuant to the First Midwest Bancorp, Inc. Deferred Compensation Plan for Nonemployee Directors (the "Deferred Compensation Plan") represents shares of First Midwest Bancorp, Inc. common stock on a 1-for-1 basis and are payable in cash upon distribution to the participant in accordance with the terms of the plan. Between April 17, 2018 and July 13, 2018, the Reporting Person acquired 590 shares of First Midwest Bancorp, Inc. common stock under the Deferred Compensation Plan. The information in this report is based on a plan statement dated July 13, 2018. Between April 11, 2018 and July 10, 2018, the Reporting Person acquired 100 shares of First Midwest Bancorp, Inc. common stock pursuant to the dividend reinvestment feature under the Deferred Compensation Plan. The information in this report is based on a plan statement dated July 10, 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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