Gary S. Collins - Dec 1, 2021 Form 4 Insider Report for OLD SECOND BANCORP INC (OSBC)

Signature
/s/ Shirley Cantrell, Attorney-in-Fact
Stock symbol
OSBC
Transactions as of
Dec 1, 2021
Transactions value $
$0
Form type
4
Date filed
12/2/2021, 10:58 AM
Previous filing
Oct 5, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSBC Old Second Bancorp, Inc. Common Stock Award +2.12K +2.84% 76.8K Dec 1, 2021 By IRA F1
holding OSBC Old Second Bancorp, Inc. Common Stock 111K Dec 1, 2021 Direct F2
holding OSBC Old Second Bancorp, Inc. Common Stock 5.35K Dec 1, 2021 By 401-K
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Received in exchange for 50 shares of West Suburban Bancorp, Inc. ("West Suburban") common stock in connection with the merger (the "Merger") of West Suburban with and into Old Second Bancorp, Inc. ("Old Second"). The exchange ratio in the Merger was 42.413 Old Second shares and $271.15 in cash for each share of West Suburban common stock, plus cash in lieu of fractional shares. The closing price per share of West Suburban common stock on the OTC Pink Open Market on the day immediately preceding the effective date of the Merger (the last closing price available) was $801.00 per share, and the closing price per share of Old Second common stock on the effective date of the Merger was $12.35 per share.
F2 Included in this total are 69,236.306 shares in a brokerage account and 41,762 shares of restricted stock units in Mr. Collins' name alone.