Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | OSBC | Restricted Stock Units | Award | $0 | +26.3K | +43.9% | $0.00 | 86.3K | Feb 19, 2025 | Direct | F1, F2 |
holding | OSBC | Old Second Bancorp, Inc. Common Stock | 128K | Feb 19, 2025 | Direct | F3 | |||||
holding | OSBC | Old Second Bancorp, Inc. Common Stock | 9.98K | Feb 19, 2025 | By 401-k Plan |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of common stock. The reporting person was granted 26,316 restricted stock units on the date of the grant, 13,158 of which are time-based restricted stock units that vest on the third anniversary of the grant date, and 13,158 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, 38,722 shares are Restricted Stock Units and 47,543 shares are Performance-based Restricted Stock Units. |
F3 | Included in this total are 75,300 shares held jointly with spouse with a broker and 52,379 shares held jointly with spouse outright. |