| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | OSBC | Restricted Stock Units | Award | $0 | +7.15K | +77.44% | $0.00 | 16.4K | Feb 20, 2024 | Direct | F1, F2 |
| holding | OSBC | Old Second Bancorp, Inc. Common Stock | 24.2K | Feb 20, 2024 | Direct | F3 | |||||
| holding | OSBC | Old Second Bancorp, Inc. Common Stock | 11.7K | Feb 20, 2024 | By 401-K |
| Id | Content |
|---|---|
| F1 | Each restricted stock unit represents a contingent right to receive one share of common stock. The reporting person was granted 7,150 restricted stock units on the date of the grant, 3,575 of which are time-based restricted stock units that vest on the third anniversary of the grant date, and 3,575 of which are performance-based restricted stock units that may vest and convert to shares within a range from 0% to 175% 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 6,160 shares of Performance Based Restricted Stock Units and 10,223 shares of Restricted Stock Units. |
| F3 | Of this total, 20,975.667 shares are held in Trust with spouse and 3,240 shares are held in his name outright. |