Bradley S. Adams - Feb 21, 2023 Form 4/A - Amendment Insider Report for OLD SECOND BANCORP INC (OSBC)

Role
CFO
Signature
/s/ Shirley Cantrell, Attorney-in-Fact
Stock symbol
OSBC
Transactions as of
Feb 21, 2023
Transactions value $
$0
Form type
4/A - Amendment
Date filed
3/3/2023, 04:23 PM
Date Of Original Report
Feb 21, 2023
Previous filing
Feb 23, 2023
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSBC Restricted Stock Units Award $0 +17.9K +45.77% $0.00 57K Feb 21, 2023 Direct F1
holding OSBC Old Second Bancorp, Inc. Common Stock 108K Feb 21, 2023 Direct F2
holding OSBC Old Second Bancorp, Inc. Common Stock 9.71K Feb 21, 2023 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 17,892 restricted stock units on the date of the grant, 8,946 of which are time-based restricted stock units that vest on the third anniversary of the grant date, and 8,946 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 in 3 to 5 business days from the date of vesting.
F2 Included in this total are 32,631 shares held jointly with spouse and 75,300 shares held with a broker.