FIRST MID BANCSHARES, INC. — Director's Dealing 2014

Nov 17, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST MID ILLINOIS BANCSHARES INC (FMBH)
CIK: 0000700565
Period of Report: 2014-11-17

Reporting Person: GRISSOM STEVEN L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-17	Common Stock	C	18501	—	Acquired	67268.5	Direct
2014-08-04	Common Stock	J	300	—	Disposed	0	Indirect
2014-08-04	Common Stock	J	198096	—	Disposed	0	Indirect
2014-08-04	Common Stock	J	198096	—	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-11-17	Series B 9% Non-cumulative Perpetual Convertible Preferred	$	C	80	Disposed		Common Stock (18501.36)	Direct
2014-08-04	Series B 9% Non-cumulative Perpetual Convertible Preferred	$	J	250	Disposed		Common Stock (57816.75)	Indirect
2014-08-04	Series B 9% Non-cumulative Perpetual Convertible Preferred	$	J	290	Disposed		Common Stock (67067.43)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2414.7	Indirect

Footnotes

F1: On November 17, 2014 the Company caused the conversion of the Series B 9% Non-cumulative Perpetual Convertible Preferred stock. Each share was converted into 231.267 shares of common stock, cash in lieu of fractional shares.

F2: Mr. Grissom who serves as trustee for these trusts, does not have beneficial ownership of the holdings of these trusts and, as a result, he will no longer report these shares for Section 16 purposes.

F3: Each share of the Series B Convertible Preferred Stock (i) is convertible at any time into 231.267 shares of common stock and cash in lieu of any fractional share of common stock, subject to certain adjustments, (ii) is convertible at First Mid-Illinois Bancshares' option under certain circumstances, and (iii) has no expiration date.