Richard A. Gartelmann JR - Mar 11, 2025 Form 4 Insider Report for OLD SECOND BANCORP INC (OSBC)

Role
EVP
Signature
/s/ Shirley Cantrell, Attorney-in-Fact
Stock symbol
OSBC
Transactions as of
Mar 11, 2025
Transactions value $
$0
Form type
4
Date filed
3/25/2025, 10:31 AM
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 Restricted Stock Units Award $0 +2.72K +15.28% $0.00 20.6K Mar 11, 2025 Direct F1
holding OSBC Old Second Bancorp, Inc. Common Stock 26.9K Mar 11, 2025 Direct F2
holding OSBC Old Second Bancorp, Inc. Common Stock 12.2K Mar 11, 2025 By 401-K
* 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 2,724 restricted stock units on the date of grant, 1,362 of which are time-based restricted stock units that vest on the third anniversary of the grant date and 1,362 of which are performance-based restricted stock units that may vest and convert to shares within a range from 0% to 150% 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 within 3 to 5 business days from the date of vesting.
F2 These shares are held at a broker in Mr. Gartelmann's name alone.