SEC Form 4
FORM 4

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

(Print or Type Responses)
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, Section 17(a) of the Public Utility
Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
OMeara, John     M.

(Last)                      (First)                      (Middle)
300 Park Boulevard, Suite 405


(Street)
Itasca, IL     60143

(City)                      (State)                      (Zip)
USA
2. Issuer Name and Ticker or Trading Symbol

First Midwest Bancorp, Inc.   FMBI
6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

           X          Director                           10% Owner
           X          Officer                             Other
          President & Chief Executive Officer

7. Individual or Joint/Group Filing (Check Applicable Line)

X   Form filed by One Reporting Person
      Form filed by More than One Reporting Person
3. I.R.S. Identification
    Number of Reporting
    Person, if an entity
    (voluntary)
4. Statement for
    Month/Day/Year

    February 19, 2003


5. If Amendment,
    Date of Original
    (Month/Day/Year)
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
    and
    Voluntary
    Code
    (Instr. 8)



Code  |  V    
4. Securities Acquired (A) or Disposed (D) Of
    (Instr. 3, 4, and 5)





        Amount      |         A/D         |         Price          
5. Amount of
    Securities
    Beneficially
    Owned
    Following
    Reported
Transaction(s)

    (Instr. 3 and 4)
6. Owner-
    ship
    Form:
    Direct(D)
    or
    Indirect (I)

    (Instr. 4)
7. Nature of
     Indirect
     Beneficial
     Ownership

    (Instr. 4)
Common Stock




74,268
D

Common Stock




94,341
I
As Trustee for Children
Common Stock




103,505
I
By Family Limited Partnersip
Common Stock




2,858 (1)
I
By IRA
Common Stock




165,091 (2)
I
By NQ Stock Option Gain Deferral Plan Tr
Common Stock




149,223 (3)
I
By Profit Sharing Plan Trust
Common Stock




38,287
I
By Spouse
Common Stock




43,364
I
By Trust for child as beneficiary








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).

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 control number.
(over)
SEC 1474 (9-02)

OMeara, John M. - February 19, 2003
Form 4 (continued)
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. Conver-
    sion or
    Exercise
    Price of
    Deri-
    vative
    Security
3. Transaction
    Date

    (Month/
    Day/
    Year)
3A. Deemed
      Execution
      Date, if
      any

      (Month/
      Day/
      Year)
4. Transaction
    Code
    and
    Voluntary (V)
    Code
    (Instr.8)



Code | V    
5. Number of Derivative
    Securities Acquired (A)
    or Disposed (D) Of

    (Instr. 3,4 and 5)
6. Date Exercisable(DE) and
    Expiration Date(ED)
    (Month/Day/Year)






  (DE)     |     (ED)  
7. Title and Amount of
    Underlying Securities
    (Instr. 3 and 4)
8. Price
    of
    Derivative
    Security
    (Instr.5)
9. Number of
    Derivative
    Securities
    Beneficially
    Owned
    Following
    Reported
    Transactions
    (Instr.4)
10.
Owner-
ship
Form of
Deriv-
ative
Security:
Direct
(D)
or
Indirect
(I)
(Instr.4)
11. Nature of
      Indirect
      Beneficial
      Ownership
      (Instr.4)
Non-Qualified Stock Option (right to buy)
$26.2550 02/19/2003

   A |     
    (A) 53,476
varies (4) | 02/19/2013
Common Stock - 53,476
53,476
D

Non-Qualified Stock Option (right to buy)
$31.0100



11/09/2002 | 02/15/2005
Common Stock - 1,278
1,278
D

Non-Qualified Stock Option (right to buy)
$31.0100



11/09/2002 | 02/21/2006
Common Stock - 7,631
7,631
D

Non-Qualified Stock Option (right to buy)
$31.0100



11/09/2002 | 02/19/2007
Common Stock - 7,948
7,948
D

Non-Qualified Stock Option (right to buy)
$31.0100



11/09/2002 | 02/18/2008
Common Stock - 12,397
12,397
D

Non-Qualified Stock Option (right to buy)
$28.0850



08/19/2002 | 02/17/2009
Common Stock - 7,117
7,117
D

Non-Qualified Stock Option (right to buy)
$31.0100



11/09/2002 | 02/17/2009
Common Stock - 6,448
6,448
D

Non-Qualified Stock Option (right to buy)
$21.8334



08/18/2002 | 08/18/2009
Common Stock - 7,954
7,954
D

Non-Qualified Stock Option (right to buy)
$31.0100



11/09/2002 | 08/18/2009
Common Stock - 5,601
5,601
D

Non-Qualified Stock Option (right to buy)
$18.4000



varies (5) | 02/16/2010
Common Stock - 29,054
29,054
D

Non-Qualified Stock Option (right to buy)
$28.0850



08/19/2002 | 02/16/2010
Common Stock - 19,036
19,036
D

Non-Qualified Stock Option (right to buy)
$22.5000



varies (6) | 02/21/2011
Common Stock - 51,000
51,000
D

Non-Qualified Stock Option (right to buy)
$28.6950



varies (7) | 02/20/2012
Common Stock - 43,283
43,283
D

Phantom Stock under NQ Retirement Plan
1-for-1



Immed. | (8)
Common Stock - 13
13
D













Explanation of Responses :


** 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.

Potential persons who are to respond to the collection of information contained in this form are not
required to respond unless the form displays a currently valid OMB number.
By: By Andrea L. Stangl, Attorney in-fact                   02-21-2003    
** Signature of Reporting Person                         Date


Power of Attorney

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OMeara, John M. - February 19, 2003
Form 4 (continued)
FOOTNOTE Descriptions for First Midwest Bancorp, Inc. FMBI

Form 4 - February 2003

John M. OMeara
300 Park Boulevard, Suite 405

Itasca, IL 60143

Explanation of responses:

(1)   Between November 8, 2002 and February 19, 2003 the reporting person acquired 18 shares of First Midwest common stock under the First Midwest Bancorp, Inc. Dividend Reinvestment Plan. The information in this report is based on a plan statement dated January 31, 2003.
(2)   Between November 8, 2003 and February 19, 2003 the reporting person acquired 1,175 shares of First Midwest common stock pursuant to the dividend reinvestment feature under the First Midwest Bancorp, Inc. Non-Qualified Gain Deferral Plan. The information in this report is based on a plan statement dated January 31, 2003.
(3)   Between November 8, 2003 and February 19, 2003 the reporting person acquired 1,648 shares of First Midwest Bancorp, Inc. common stock under the First Midwest Bancorp, Inc. Savings and Profit Sharing Plan. The information in this report is based on a plan statement dated February 14, 2003.
(4)   The stock option vests in two equal annual installments beginning on February 19, 2005.
(5)   The stock option vests in two equal annual installments beginning on February 16, 2002.
(6)   The stock option vests in two equal annual installments beginning on February 21, 2003.
(7)   The stock option vests in two equal annual installments beginning on February 20, 2004.
(8)   Shares of phantom stock are payable in cash following the termination of the reporting person's employment with First Midwest Bancorp, Inc.
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