Donald Pilmer - 21 Feb 2023 Form 4/A - Amendment Insider Report for OLD SECOND BANCORP INC (OSBC)

Role
EVP
Signature
/s/ Shirley Cantrell, Attorney-in-Fact
Issuer symbol
OSBC
Transactions as of
21 Feb 2023
Net transactions value
$0
Form type
4/A - Amendment
Filing time
03 Mar 2023, 16:27:10 UTC
Date Of Original Report
21 Feb 2023
Previous filing
23 Feb 2023
Next filing
04 Apr 2023
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 +10,512 +57% $0.000000 28,880 21 Feb 2023 Direct F1
holding OSBC Old Second Bancorp, Inc. Common Stock 3,846 21 Feb 2023 By 401-K Plan
holding OSBC Old Second Bancorp, Inc. Common Stock 175 21 Feb 2023 By Profit Sharing Plan
holding OSBC Old Second Bancorp, Inc. Common Stock 1,450 21 Feb 2023 Spouse's IRA F2
holding OSBC Old Second Bancorp, Inc. Common Stock 50,956 21 Feb 2023 Direct F3
* 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 10,512 restricted stock units on the date of grant, 5,256 of which are time-based restricted stock units that cliff vest on the third anniversary of the grant date, and 5,256 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.
F2 These shares are held in spouse's IRA for which Mr. Pilmer is listed as a beneficiary.
F3 Included in this total are 44,923 shares held in a brokerage account and 6,033 shares held outright.