X0306 4 2020-11-07 0001466026 Midland States Bancorp, Inc. MSBI 0001526239 Schaubert Sharon A. 1201 NETWORK CENTRE DR. EFFINGHAM IL 62401 false true false false SVP Banking Services Midland States Bank Common Stock 2020-11-07 4 F false 225 14.61 D 29072 D Common Stock 2020-11-08 4 F false 226 14.61 D 28846 D Option (right to buy) 23 2025-11-03 Common Stock 8261 8261 D Option (right to buy) 21 2024-12-02 Common Stock 5702 5702 D Option (right to buy) 28.59 2026-11-16 Common Stock 4157 4157 D These options vest in four equal annual installments beginning one year after the 11/03/2015 date of grant. These options vest in four equal annual installments beginning one year after the 12/02/2014 date of grant. These options vest in four equal annual installments beginning one year after the 11/16/2016 date of grant. /s/ Schaubert Sharon A 2020-11-09 /s/ Douglas J. Tucker, attorney-in-fact 2020-11-09