GARY S. COLLINS - 19 Feb 2025 Form 4 Insider Report for OLD SECOND BANCORP INC (OSBC)

Signature
/s/ Shirley Cantrell, Attorney-in-Fact
Issuer symbol
OSBC
Transactions as of
19 Feb 2025
Transactions value $
$0
Form type
4
Filing time
21 Feb 2025, 15:58:49 UTC
Previous filing
02 Jan 2025
Next filing
06 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSBC Restricted Stock Units Award $0 +11,962 +28.72% $0 53,619 19 Feb 2025 Direct F1, F2
holding OSBC Old Second Bancorp, Inc. Common Stock 46,624 19 Feb 2025 Direct
holding OSBC Old Second Bancorp, Inc. Common Stock 61,768 19 Feb 2025 IRA F3
holding OSBC Old Second Bancorp, Inc. Common Stock 6,370 19 Feb 2025 By 401-K
holding OSBC Old Second Bancorp, Inc. Common Stock 5,755 19 Feb 2025 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of common stock. The reporting person was granted 11,962 restricted stock units on the date of the grant, 5,981 of which are time-based restricted stock units that vest on the third anniversary of the grant date, and 5,981 of which are performance-based restricted stock units that may vest and convert to shares within a range from 0% to 175% of the underlying performance-based restricted stock units originally awarded, depending on our compensation committee approved performance metrics. Vested shares, if any, will be delivered to the reporting person in 3 to 5 business days from the date of vesting.
F2 Of this total, 31,146 shares are Performance-based Restricted Stock Units and 22,473 are time-based Restricted Stock Units.
F3 Included in this total are 41,000 shares in a ROTH IRA and 20,768.085 in a traditional IRA.
F4 These shares are held in Mr. Collins' name outright.