# EDGAR Filing Document

**Accession Number:** 0001412665
**File Stem:** 0001412665-23-000012
**Filing Date:** 2023-2
**Character Count:** 11839
**Document Hash:** 303aa0247a022c7ebecb5ee455d84686
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001412665-23-000012.hdr.sgml**: 20230217

**ACCESSION NUMBER**: 0001412665-23-000012

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230215

**FILED AS OF DATE**: 20230217

**DATE AS OF CHANGE**: 20230217

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Cantrell James M
- **CENTRAL INDEX KEY:** 0001725340

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-35968
- **FILM NUMBER:** 23644581

**MAIL ADDRESS:**
- **STREET 1:** 102 S CLINTON STREET, P.O. BOX 1700
- **CITY:** IOWA CITY
- **STATE:** IA
- **ZIP:** 52244-1700
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MidWestOne Financial Group, Inc.
- **CENTRAL INDEX KEY:** 0001412665
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **IRS NUMBER:** 421206172
- **STATE OF INCORPORATION:** IA
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 102 SOUTH CLINTON ST.
- **CITY:** IOWA CITY
- **STATE:** IA
- **ZIP:** 52240
- **BUSINESS PHONE:** 319-356-5800

**MAIL ADDRESS:**
- **STREET 1:** 102 SOUTH CLINTON ST.
- **CITY:** IOWA CITY
- **STATE:** IA
- **ZIP:** 52240

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ISB Financial Corp.
- **DATE OF NAME CHANGE:** 20070918

## Ex-24

```

MIDWESTONE FINANCIAL GROUP, INC.

POWER OF ATTORNEY
(SECTIONS 13(d) AND 16(a) MATTERS)

Know all by these present the undersigned hereby constitutes and
appoints each of Kenneth R. Urmie, John J. Ruppel, and Celeste M. Yoder,
signing singly, as the undersigned's true and lawful attorneys-in-fact to:

(1) execute for and on behalf of the undersigned, in the undersigned's
 capacity as a more than five percent (5%) stockholder (if applicable)
of MidWestOne Financial Group, Inc. (the "Company"), any Schedule 13D
or Schedule 13G and any amendments thereto in accordance with Section 13(d)
 of the Securities Exchange Act of 1934 (the "Exchange Act") and the rules
thereunder;

(2) execute for and on behalf of the undersigned, in the undersigned's
 capacity as a director, officer or stockholder of the Company or a
 subsidiary of the Company, 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 and any such Schedule 13D or Schedule 13G and
any amendments thereto and timely file such form or schedule with the
United States Securities and Exchange Commission, the Nasdaq Stock
 Market, the Company and any 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 such attorney-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 such
 attorney-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 such attorney-in-fact may approve in such
attorney-in-fact's discretion.

The undersigned hereby grants to each such attorney-in-fact full power
 and authority 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 or substitution or revocation, hereby ratifying and
 confirming all that such attorney-in-fact, or such attorney-in-fact's
 substitute or substitutes, 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 13(d) or
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
and Schedule 13D or Schedule 13G (including any amendments thereto)
 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.

For good and valuable consideration, the receipt and sufficiency
 of which is hereby acknowledged, the undersigned, to the fullest
 extent permitted by law: (i) agrees to hold the attorneys-in-fact
 and the Company harmless from all liability, loss, cost, damage
 or expense of any nature, including reasonable attorneys' fees
 and expenses sustained or incurred by the attorneys-in-fact or
Company in connection with the performance, or non-performance,
 of the actions described in paragraphs (1) - (4) above; and (ii)
 irrevocably releases and waives any and all claims (in law or
equity) against the attorneys-in-fact and the Company, and all
 of their respective heirs, estates, successors and assigns,
 as the case may be, relating to the performance, or
non-performance, of the actions described in paragraphs
(1) - (4) above.

IN WITNESS WHEREOF, the undersigned has caused this Power
of Attorney to be executed as of the 20th day of January, 2021.

/s/ James M. Cantrell
 Print Name: James M. Cantrell

```

### 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>Cantrell James M<br><sub>(Last) (First) (Middle)</sub><br>102 S. CLINTON STREET<br>P.O. BOX 1700<br><sub>(Street)</sub><br>IOWA CITY, IA 52244-1700<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-02-15 | **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>_Senior EVP & CIO, Treasurer_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>MidWestOne Financial Group, Inc. [ MOFG ] | **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 | 2023-02-15 |  | F<sup>(1)</sup> |  | 576 | D | $30.97 | 15793.956<sup>(2)</sup> | D |  |
| Common Stock | 2023-02-15 |  | A<sup>(3)</sup> |  | 1693.792 | A | $0 | 17486.956<sup>(4)</sup> | D |  |
| Common Stock | 2023-02-15 |  | F<sup>(5)</sup> |  | 552 | D | $30.97 | 16934.956 | D |  |
| Common Stock | 2023-02-15 |  | A<sup>(6)</sup> |  | 1033.258 | A | $0 | 17968.214 | D |  |
| Common Stock |  |  |  |  |  |  |  | 3859<sup>(7)</sup> | I | By ESOP |
| Common Stock |  |  |  |  |  |  |  | 500 | I | By IRA |

---

## 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 |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) Represents restricted stock units acquired pursuant to a grant of time-based restricted stock units which vest in three approximately equal annual installments beginning February 15, 2023.

(2) Includes 85.723 Dividend Equivalents credited to unvested time-based RSUs in lieu of a cash dividend payment since the reporting person's last required Form filing, less 0.755 cumulative fractional Dividend Equivalents paid out in cash upon vesting on February 15, 2023. Each whole Dividend Equivalent is the economic equivalent of one share of MidWestOne Financial Group, Inc. stock.

(3) Shares of common stock acquired upon settlement of performance stock unit award granted to the reporting person on February 15, 2020.

(4) Amount reported was reduced by 0.792 fractional Dividend Equivalent on the performance RSUs, paid out in cash upon vesting on February 15, 2023.

(5) Shares withheld to pay payroll taxes due upon the vesting of the above-referenced performance stock unit award on February 15, 2023.

(6) Represents restricted stock units acquired pursuant to a grant of time-based restricted stock units which vest in three approximately equal annual installments beginning February 15, 2024.

(7) Shares allocated to the reporting person's account from within the MidWestOne Financial Group, Inc. Employee Stock Ownership Plan, as of February 15, 2023. Reported shares have increased by 560 shares since the date of the reporting person's previous Form filing due to allocations to his account.

**Signature:** Kenneth R. Urmie, Corporate Secretary, under Power of Attorney for James M. Cantrell, dated January 20, 2021  
**Date:** 2023-02-17

### 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.**