SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
STERLING JOHN L
(Last) (First) (Middle)
300 PARK BOULEVARD, SUITE 400
(Street)
ITASCA IL 60143
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FIRST MIDWEST BANCORP INC [ FMBI ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
12/28/2004
4. If Amendment, Date of Original Filed (Month/Day/Year)
12/30/2004 		6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/28/2004 M(1) 413 A $22.4 81,375 D
Common Stock 12/28/2004 M(1) 998 A $18.55 82,373 D
Common Stock 12/28/2004 M(1) 1,005 A $18.4 83,378 D
Common Stock 12/28/2004 M(1) 2,011 A $18.875 85,389 D
Common Stock 12/28/2004 M(1) 2,500 A $22.5 87,889 D
Common Stock 12/28/2004 M(1) 2,215 A $28.695 90,104 D
Common Stock 12/28/2004 M(1) 2,342 A $26.255 92,446 D
Common Stock 12/28/2004 F(1) 252 D $0 92,194 D
Common Stock 12/28/2004 F(1) 503 D $0 91,691 D
Common Stock 12/28/2004 F(1) 503 D $0 91,188 D
Common Stock 12/28/2004 F(1) 1,031 D $0 90,157 D
Common Stock 12/28/2004 F(1) 1,528 D $0 88,629 D
Common Stock 12/28/2004 F(1) 1,727 D $0 86,902 D
Common Stock 12/28/2004 F(1) 1,670 D $0 85,232 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $22.4 12/28/2004 M(1) 413 08/19/1999 08/19/2008 Common Stock 413 $22.4 0 D
Non-Qualified Stock Option (right to buy) $36.82 12/28/2004 A(2) 252 06/28/2005 08/19/2008 Common Stock 252 $0 252 D
Non-Qualified Stock Option (right to buy) $18.55 12/28/2004 M(1) 998 02/17/2000 02/17/2009 Common Stock 998 $18.55 0 D
Non-Qualified Stock Option (right to buy) $36.82 12/28/2004 A(2) 503 06/28/2005 02/17/2009 Common Stock 503 $0 503 D
Non-Qualified Stock Option (right to buy) $18.4 12/28/2004 M(1) 1,005 02/16/2001 02/16/2010 Common Stock 1,005 $18.4 0 D
Non-Qualified Stock Option (right to buy) $36.82 12/28/2004 A(2) 503 06/28/2005 02/16/2010 Common Stock 503 $0 503 D
Non-Qualified Stock Option (right to buy) $18.875 12/28/2004 M(1) 2,011 05/17/2001 05/17/2010 Common Stock 2,011 $18.875 0 D
Non-Qualified Stock Option (right to buy) $36.82 12/28/2004 A(2) 1,031 06/28/2005 05/17/2010 Common Stock 1,031 $0 1,031 D
Non-Qualified Stock Option (right to buy) $22.5 12/28/2004 M(1) 2,500 02/21/2002 02/21/2011 Common Stock 2,500 $22.5 0 D
Non-Qualified Stock Option (right to buy) $36.82 12/28/2004 A(2) 1,528 06/28/2005 02/21/2011 Common Stock 1,528 $0 1,528 D
Non-Qualified Stock Option (right to buy) $28.695 12/28/2004 M(1) 2,215 02/20/2003 02/20/2012 Common Stock 2,215 $28.695 0 D
Non-Qualified Stock Option (right to buy) $36.82 12/28/2004 A(2) 1,727 06/28/2005 02/20/2012 Common Stock 1,727 $0 1,727 D
Non-Qualified Stock Option (right to buy) $26.255 12/28/2004 M(1) 2,342 02/19/2004 02/19/2013 Common Stock 2,342 $26.255 0 D
Non-Qualified Stock Option (right to buy) $36.82 12/28/2004 A(2) 1,670 06/28/2005 02/19/2013 Common Stock 1,670 $0 1,670 D
Explanation of Responses:
1. Corrects previous filing on December 30, 2004, which showed the reporting person's exercise of stock options, tender of previously acquired shares to the issuer and holdings in a Non-Qualified Gain Deferral Plan account. This filing supersedes the December 30, 2004 filing and shows the exercise of 11,484 stock options under the Non-Employee Directors' Stock Option Plan whereby 7,214 previously acquired shares were tendered as payment of the exercise price with the resulting net shares held in direct ownership.
2. The transaction represents a reload stock option granted under the Non-Employee Directors' Stock Option Plan to replace the number of shares tendered in the option exercised on 12/28/04.
Remarks:
By: Andrea L. Stangl, Attorney-in-fact for 01/20/2005
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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