Item 8.01. Other Events.



As previously reported, First Midwest Bancorp, Inc. ("First Midwest"), entered into an underwriting agreement, dated as of May 13, 2020 (the "Underwriting Agreement"), with BofA Securities, Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC, as representatives of the several underwriters named therein (the "Underwriters"), relating to the offering of 4,000,000 depositary shares ("Depositary Shares"), each representing a 1/40th interest in a share of First Midwest's 7.000% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, liquidation preference of $1,000 per share, and up to an additional 600,000 Depositary Shares pursuant to an option granted to the Underwriters to purchase additional Depositary Shares (the "Option").

On May 28, 2020, First Midwest completed the issuance and sale of 320,000 Depositary Shares pursuant to the exercise of the Option (the "Option Securities").

A copy of the opinion of Sullivan & Cromwell LLP, counsel for First Midwest, relating to the legality of the issuance and sale of the Option Securities, is attached as Exhibit 5.1 to this Current Report on Form 8-K. Exhibits 5.1 and 23.1 of this Current Report on Form 8-K are hereby incorporated by reference into First Midwest's registration statement on Form S-3 (File No. 333-238152).

Item 9.01. Financial Statements and Exhibits.






(d) Exhibits



Exhibit
 Number                                   Description
  5.1         Opinion of Sullivan & Cromwell LLP.

  23.1        Consent of Sullivan & Cromwell LLP (included in Exhibit 5.1).

  104       Cover Page Interactive Data File - the cover page XBRL tags are
            embedded within the Inline XBRL document.


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