| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | OSBC | Restricted Stock Units | Award | $0 | +33.2K | +71.85% | $0.00 | 79.5K | Feb 20, 2024 | Direct | F1, F2 |
| holding | OSBC | Old Second Bancorp, Inc. Common Stock | 115K | Feb 20, 2024 | Direct | F3 | |||||
| holding | OSBC | Old Second Bancorp, Inc. Common Stock | 9.85K | Feb 20, 2024 | By 401-k Plan |
| Id | Content |
|---|---|
| F1 | Each restricted stock unit represents a contingent right to receive one share of common stock. The reporting person was granted 33,236 restricted stock units on the date of the grant, 16,618 of which are time-based restricted stock units that vest on the third anniversary of the grant date, and 16,618 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 | Of this total, 45,111 shares are Performance Based Restricted Stock Units and 34,385 shares are Restricted Stock Units. |
| F3 | Included in this total are 75,300 shares held jointly with spouse with a broker, 39,794 shares held jointly with spouse outright. |