Bradley S. Adams - Feb 19, 2025 Form 4 Insider Report for OLD SECOND BANCORP INC (OSBC)

Role
CFO & COO
Signature
/s/ Shirley Cantrell, Attorney-in-Fact
Stock symbol
OSBC
Transactions as of
Feb 19, 2025
Transactions value $
$0
Form type
4
Date filed
2/21/2025, 04:01 PM
Previous filing
Jan 2, 2025
Next filing
Mar 6, 2025

Transactions Table

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
* 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 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.