James Eccher - Mar 4, 2025 Form 4 Insider Report for OLD SECOND BANCORP INC (OSBC)

Role
CHAIRMAN AND CEO, Director
Signature
/s/ Shirley Cantrell, Attorney-in-Fact
Stock symbol
OSBC
Transactions as of
Mar 4, 2025
Transactions value $
-$156,167
Form type
4
Date filed
3/6/2025, 05:25 PM
Previous filing
Feb 21, 2025
Next filing
Apr 1, 2025
SEC
View on sec.gov

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 +30.2K +10.02% $0.00 332K Mar 4, 2025 Direct F1
transaction OSBC Old Second Bancorp, Inc. Common Stock Tax liability -$156K -8.85K -2.67% $17.65 323K Mar 4, 2025 Direct F2, F3
holding OSBC Old Second Bancorp, Inc. Common Stock 32.3K Mar 4, 2025 By 401-K
holding OSBC Old Second Bancorp, Inc. Common Stock 6.25K Mar 4, 2025 By Profit Sharing
holding OSBC Restricted Stock Units 184K 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 17,258 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 12,945 shares.
F2 Shares withheld for taxes upon settlement in shares of the performance-based restricted stock units previously granted to the reporting person.
F3 Included in this total are 301,337 shares held with a broker; 21,355 shares held outright in the reporting person's name and 148 shares held jointly with spouse.