X0306 4 2017-09-29 0001466026 Midland States Bancorp, Inc. MSBI 0001349480 Golden Deborah A 1201 NETWORK CENTRE DR. EFFINGHAM IL 62401 true false false false Common Stock 100 D Common Share Equivalents 2017-09-29 4 A false 157.8283 31.68 A Common Stock 157.8283 2548.8506 D Common Share Equivalents 2017-09-29 4 A false 39.4571 31.68 A Common Stock 39.4571 2588.3077 D Common Share Equivalents 2017-09-29 4 A false 15.0948 31.38 A Common Stock 15.0948 2603.4025 D No exercise price for this type of award Represents common share equivalents acquired by the reporting person under the Directors Deferred Compensation Plan (DDCP) of the Issuer with respect to directors fees deferred by the reporting person during the quarter, based upon the closing price of the underlying shares on the last day of the quarter. Each common share equivalent is the economic equivalent of one share of common stock. Common share equivalents received for deferred director fees are fully vested on the transaction date listed above. Common share equivalents become payable upon termination of service as a director except for any unvested portion of the Issuer matching contribution. Represents common share equivalents acquired by the reporting person in the DDCP through the 25% Issuer matching contribution for the director fees paid to the reporting person during the quarter, based upon the closing price of the underlying shares on the last day of the quarter. Common share equivalents received for the Issuer matching contribution vest in four equal annual portions beginning on the first anniversary of the grant date, and unvested matching contributions are forfeited at the time service as a director terminates. Represents common share equivalents acquired by the reporting person in the DDCP pursuant to the reinvestment of dividends received during the quarter on common share equivalents held in the DDCP by the reporting person at the time such dividend was paid on the underlying shares, based upon closing price of the underlying shares on the last day of the quarter. Common share equivalents received for dividend reinvestments are fully vested on the transaction date listed above and become payable upon termination of service as a director. /s/ Golden Deborah A 2017-10-03 /s/ Douglas J. Tucker, attorney-in-fact 2017-10-03