James Eccher - 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, 15:59:59 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 +57.2K +39.57% $0.00 202K 19 Feb 2025 Direct F1, F2
holding OSBC Old Second Bancorp, Inc. Common Stock 301K 19 Feb 2025 Direct F3
holding OSBC Old Second Bancorp, Inc. Common Stock 32.3K 19 Feb 2025 By 401-K
holding OSBC Old Second Bancorp, Inc. Common Stock 6.25K 19 Feb 2025 By Profit Sharing
* 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 57,154 restricted stock units on the date of the grant, 28,577 of which are time-based restricted stock units that vest on the third anniversary of the grant date, and 28,577 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, 109,417 shares are performance-based restricted stock units and 92,159 shares are time-based restricted stock units.
F3 Included in this total are 148 shares held jointly with spouse; 289,259 shares held in a brokerage account and 12,078 shares held in Mr. Eccher's name outright.