Gary S. Collins - Mar 4, 2025 Form 4 Insider Report for OLD SECOND BANCORP INC (OSBC)

Signature
/s/ Shirley Cantrell, Attorney-in-Fact
Stock symbol
OSBC
Transactions as of
Mar 4, 2025
Transactions value $
-$78,490
Form type
4
Date filed
3/6/2025, 05:23 PM
Previous filing
Feb 21, 2025
Next filing
Apr 1, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSBC Old Second Bancorp, Inc. Common Stock Award $0 +15.2K +28.98% $0.00 67.6K Mar 4, 2025 Direct F1, F2
transaction OSBC Old Second Bancorp, Inc. Common Stock Tax liability -$78.5K -4.45K -6.58% $17.65 63.1K Mar 4, 2025 Direct F3, F4
holding OSBC Old Second Bancorp, Inc. Common Stock 61.8K Mar 4, 2025 IRA F5
holding OSBC Old Second Bancorp, Inc. Common Stock 6.37K Mar 4, 2025 By 401-K
holding OSBC Restricted Stock Units 44.9K Mar 4, 2025 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares delivered to the reporting person pursuant to vesting of performance-based restricted stock units granted under the Old Second Bancorp, Inc. 2019 Equity Incentive Plan, as Amended and Restated and vested upon achievement of performance goals for the applicable performance period. The reporting person reported an acquisition of 8,673 on Form 4 filed on February 15, 2022, which represented the number of shares that would be delivered if target performance was achieved during the performance period. Actual performance exceeded the target performance for the performance period which resulted in an additional grant of 6,507 shares.
F2 Included in this total are 46,624 shares held with a broker and 16,488 shares held outright in the reporting person's name solely.
F3 Shares withheld for taxes upon the settlement in shares of the performance-based restricted stock units previously granted to the reporting person.
F4 Included in this total are 46,624 shares held with a broker and 16,488 shares held outright in the reporting person's name solely.
F5 Included in this total are 41,000 shares in a ROTH IRA and 31,768.085 in a traditional IRA.