X0306 4 2016-12-13 0001466026 Midland States Bancorp, Inc. MSBI 0001672607 Shaw Thomas D 1201 NETWORK CENTRE DR. EFFINGHAM IL 62401 true false false false Common Stock 2016-12-13 4 P false 1525 33.44 A 1525 I Tamsin J Shaw IRA Common Stock 2016-12-13 4 P false 2900 33.44 A 2900 I Thomas D Shaw IRA Common Stock 11658 I Thomas D. Shaw A&R Trust Common Share Equivalent Common Stock 20106.3597 20106.3597 D The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose 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. /s/ Shaw Thomas D 2016-12-14 /s/ Douglas J. Tucker, attorney-in-fact 2016-12-14