• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form 4: Newcom Jeff C returned 32,049 shares to the company, closing all direct ownership in the company

    2/18/22 8:13:16 AM ET
    $FMBI
    Major Banks
    Finance
    Get the next $FMBI alert in real time by email
    SEC FORM 4 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
    OMB APPROVAL
    OMB Number: 3235-0287
    Estimated average burden
    hours per response: 0.5
    X
    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*
    Newcom Jeff C

    (Last) (First) (Middle)
    8750 WEST BRYN MAWR AVENUE
    SUITE 1300

    (Street)
    CHICAGO IL 60631

    (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)
    Director 10% Owner
    X Officer (give title below) Other (specify below)
    EVP and Chief Risk Officer
    3. Date of Earliest Transaction (Month/Day/Year)
    02/15/2022
    4. If Amendment, Date of Original Filed (Month/Day/Year)
    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 02/15/2022 D 32,049 D (1)(2) 0 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
    Explanation of Responses:
    1. All transactions reflected herein are dispositions in connection with the merger of First Midwest Bancorp, Inc. ("First Midwest") and Old National Bancorp ("Old National"), with Old National as the surviving corporation, which merger was completed on February 15, 2022, pursuant to the Agreement and Plan of Merger, dated as of May 30, 2021, by and between such parties. In the merger, (1) each outstanding share of First Midwest common stock was converted into the right to receive 1.1336 shares of Old National common stock (the "Exchange Ratio"), (2) each outstanding share of 7.00% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, of First Midwest and 7.00% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series C, of First Midwest was converted into the right to receive one share of an applicable newly created series of Old National preferred stock, (footnote (1) continues below in footnote (2)).
    2. (3) each outstanding First Midwest depositary share representing an interest in a share of the applicable series of First Midwest preferred stock was converted into an Old National depositary share representing an equivalent interest in a share of the applicable series of Old National preferred stock, (4) each equity or equity-based compensatory award of First Midwest was converted into a similar equity or equity-based compensatory award of Old National utilizing Old National common stock in lieu of First Midwest common stock and the Exchange Ratio, and (5) each hypothetical First Midwest deemed common stock investment credited under certain First Midwest deferred compensation plans was assumed and converted into a hypothetical Old National common stock deemed investment based on the Exchange Ratio. The closing market value of Old National common stock on the date of the Merger was $18.92 per share. All transactions are exempt from Section 16(b) pursuant to Rule 16b-3(e).
    /s/ Andrea L. Stangl, Attorney-in-fact for Jeff C. Newcom 02/17/2022
    ** 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).
    Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
    Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
    Get the next $FMBI alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $FMBI

    DatePrice TargetRatingAnalyst
    12/20/2021$25.00Mkt Perform → Outperform
    Keefe Bruyette
    8/17/2021$20.39 → $22.67Neutral → Overweight
    Piper Sandler
    More analyst ratings

    $FMBI
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Old National Bancorp Set to Join S&P MidCap 400; Urban Edge Properties & Corsair Gaming to Join S&P SmallCap 600

      NEW YORK, Feb. 15, 2022 /PRNewswire/ -- S&P SmallCap 600 constituent Old National Bancorp (NASD:ONB) will replace Urban Edge Properties (NYSE:UE) in the S&P MidCap 400, Urban Edge Properties will replace Old National Bancorp in the S&P SmallCap 600, and Corsair Gaming Inc. (NASD:CRSR) will replace First Midwest Bancorp Inc. (NASD:FMBI) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, February 18. Old National Bancorp is acquiring First Midwest Bancorp in a transaction expected to be completed on or about February 16.  Post-merger, Old National Bancorp will be more representative of the mid-cap market space. Urban Edge Properties is more representative of the small

      2/15/22 6:38:00 PM ET
      $CRSR
      $FMBI
      $ONB
      $SPGI
      Computer peripheral equipment
      Technology
      Major Banks
      Finance
    • Old National and First Midwest Receive Final Regulatory Approval for Merger of Equals

      EVANSVILLE, Ind. and CHICAGO, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Old National Bancorp ("Old National") (NASDAQ:ONB) and First Midwest Bancorp, Inc. ("First Midwest") (NASDAQ:FMBI), today announced that their merger of equals transaction, announced on June 1, 2021, has received Federal Reserve approval. This follows approvals received last year from the Office of the Comptroller of the Currency and stockholders of both companies. With this final regulatory step completed, the merger is expected to occur on or before March 1, 2022, subject to customary closing conditions. It will create one of the largest banks headquartered in the Midwest, with over $45 billion of combined assets, a presenc

      1/27/22 4:45:00 PM ET
      $FMBI
      $ONB
      Major Banks
      Finance
    • Old National and First Midwest Receive Final Regulatory Approval for Merger of Equals

      EVANSVILLE, Ind. and CHICAGO, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Old National Bancorp ("Old National") (NASDAQ:ONB) and First Midwest Bancorp, Inc. ("First Midwest") (NASDAQ:FMBI), today announced that their merger of equals transaction, announced on June 1, 2021, has received Federal Reserve approval. This follows approvals received last year from the Office of the Comptroller of the Currency and stockholders of both companies. With this final regulatory step completed, the merger is expected to occur on or before March 1, 2022, subject to customary closing conditions. It will create one of the largest banks headquartered in the Midwest, with over $45 billion of combined assets, a presenc

      1/27/22 4:45:00 PM ET
      $FMBI
      $ONB
      Major Banks
      Finance

    $FMBI
    Leadership Updates

    Live Leadership Updates

    See more
    • James River Announces Director Elections and Appointment

      PEMBROKE, Bermuda, Oct. 26, 2021 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. ("James River" or the "Company") (NASDAQ:JRVR) today announced that Patricia H. Roberts and Thomas L. Brown have been elected to its Board of Directors (the "Board"), and the additional appointment of Kirstin M. Gould to the Board. With the appointment of Ms. Gould, the Board increased its size from 10 to 11 directors. "We are very pleased to welcome Tom and Kirstin to our board," said J. Adam Abram, James River Non-Executive Chairman. "Tom and Kirstin have valuable financial, risk management, and corporate governance expertise, with deep knowledge of the specialty property and casualty insurance industr

      10/26/21 4:15:00 PM ET
      $FMBI
      $JRVR
      Major Banks
      Finance
      Property-Casualty Insurers