# EDGAR Filing Document

**Accession Number:** 0001466026
**File Stem:** 0001593968-23-000388
**Filing Date:** 2023-3
**Character Count:** 10518
**Document Hash:** 22d701d1afbb80ecf57f8e506ac687b5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001593968-23-000388.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001593968-23-000388

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230228

**FILED AS OF DATE**: 20230301

**DATE AS OF CHANGE**: 20230301

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Mefford Jeffrey S.
- **CENTRAL INDEX KEY:** 0001526238

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-35272
- **FILM NUMBER:** 23692873

**MAIL ADDRESS:**
- **STREET 1:** MIDLAND STATES BANCORP, INC.
- **STREET 2:** 133 WEST JEFFERSON AVENUE
- **CITY:** EFFINGHAM
- **STATE:** IL
- **ZIP:** 62401
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Midland States Bancorp, Inc.
- **CENTRAL INDEX KEY:** 0001466026
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **IRS NUMBER:** 371233196
- **STATE OF INCORPORATION:** IL
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 1201 NETWORK CENTRE DRIVE
- **CITY:** EFFINGHAM
- **STATE:** IL
- **ZIP:** 62401
- **BUSINESS PHONE:** (217) 342-2141

**MAIL ADDRESS:**
- **STREET 1:** 1201 NETWORK CENTRE DRIVE
- **CITY:** EFFINGHAM
- **STATE:** IL
- **ZIP:** 62401

## Ex-24

```

POWER OF ATTORNEY - SECTION 16 FILINGS

Know all by these presents, that the undersigned hereby constitutes and
appoints Douglas J. Tucker as the undersigned's true and lawful
attorney-in-fact to:

       (1) prepare, execute for and on behalf of the undersigned, and
submit to the United States Securities and Exchange Commission  (the
"Commission")  a Form  ID,  including amendments  thereto, and any other
documents necessary or appropriate to obtain codes and  passwords  enabling
the undersigned to make electronic filings with the Commission of reports
required by Section 16(a) of the Securities Exchange Act of 1934, as
amended  (the "Exchange Act"),  or any rule or regulation of the SEC;

       (2) execute for and on behalf of the undersigned, in the
undersigned's capacity as a reporting person of Midland States Bancorp,
Inc. (the "Company") pursuant to Section 16 of the Exchange Act and the
rules thereunder, Forms 3, 4 and 5 in accordance with Section 16(a) of the
Exchange Act and the rules thereunder;

       (3) do and perform any and  all  acts for and on behalf of the
undersigned which may be necessary or desirable to complete and execute any
such  Form 3, 4 or 5, complete and execute any amendment or amendments
thereto and file such fonn with the Commission and the applicable stock
exchange or similar authority; and

       (4) take any other action of any type whatsoever in connection with
the foregoing which, in the opinion of any of such attorneys-in-fact, may
be of benefit to, in the  best  interest  of,  or  legally required by, the
undersigned, it being understood that the documents executed by any of such
attorneys in-fact on behalf of the undersigned pursuant to this Power of
Attorney  shall be in such form and shall contain such terms and conditions
as any of such attorneys-in-fact may approve in his or her discretion.

       The undersigned hereby grants to each such attorney-in-fact full
power and authority to act separately and to do and perform any and every
act and thing whatsoever requisite, necessary, or proper to be done in the
exercise of any of the rights and powers herein granted, as fully to all
intents  and purposes as the undersigned might or could do if personally
present, with full power of substitution or revocation, hereby ratifying
and confirming all that any of such attorneys-in-fact, or the substitute or
substitutes of any of such attorneys-in-fact, shall lawfully do or cause to
be done by virtue of this Power of Attorney and the rights and powers
herein granted. The undersigned acknowledges that the foregoing
attorneys-in-fact, in serving in such capacity at the request of the
undersigned, are not assuming, nor is the Company assuming, any of the
undersigned's responsibilities to comply with Section 16 of the Exchange
Act.

       This Power of Attorney shall remain in full force and effect until
the undersigned is no longer required to file Forms 3, 4 and 5 with respect
to the undersigned's holdings  of  and transactions  in securities issued
by the Company, unless earlier revoked by the undersigned in a signed
writing delivered to the foregoing attorneys-in-fact.

IN WITNESS WHEREOF, the undersigned  has caused this Power of Attorney to
be executed as

of this 2nd day of February, 2016

/s/Jeff Mefford
Signature

1 160464.vl

```

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Mefford Jeffrey S.<br><sub>(Last) (First) (Middle)</sub><br>1201 NETWORK CENTRE DR.<br><sub>(Street)</sub><br>EFFINGHAM, IL 62401<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-02-28 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_President_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Midland States Bancorp, Inc. [ MSBI ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2023-02-28 |  | M |  | 1600 | A | $18 | 32422.47 | D |  |
| Common Stock | 2023-02-28 |  | S |  | 1600 | D | 26.1269<sup>(1)</sup> | 30822.47 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Option (right to buy) | $18 | 2023-02-28 |  | M |  |  | 1600 | <sup>(2)</sup> | 2024-08-05 | Common Stock | 1600 | $0 | 6161 | D |  |
| Option (right to buy) | $23 |  |  |  |  |  |  | <sup>(3)</sup> | 2025-11-03 | Common Stock | 10702 |  | 10702 | D |  |
| Option (right to buy) | $21 |  |  |  |  |  |  | <sup>(4)</sup> | 2024-12-02 | Common Stock | 7885 |  | 7885 | D |  |
| Option (right to buy) | $28.59 |  |  |  |  |  |  | <sup>(5)</sup> | 2026-11-16 | Common Stock | 5341 |  | 5341 | D |  |
| Option (right to buy) | $28.43 |  |  |  |  |  |  | <sup>(6)</sup> | 2032-10-31 | Common Stock | 29133 |  | 29133 | D |  |

---

### Footnotes:

(1) The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $25.98 - $26.30 inclusive.  The reporting person undertakes to provide to Midland States Bancorp, Inc., any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the ranges set forth in this footnote.

(2) Options vested on 12/31/2017.

(3) These options vest in four equal annual installments beginning one year after the 11/03/2015 date of grant.

(4) These options vest in four equal annual installments beginning one year after the 12/02/2014 date of grant.

(5) These options vest in four equal annual installments beginning one year after the 11/16/2016 date of grant.

(6) These options vest in four equal annual installments beginning one year after the 10/31/2022 date of grant.

**Signature:** /s/ Mefford Jeffrey S  
**Date:** 2023-03-01

**Signature:** /s/ Douglas J. Tucker, attorney-in-fact  
**Date:** 2023-03-01

### Remarks:

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.**