| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | OSBC | Restricted Stock Units | Award | $0 | +77.1K | +73.37% | $0.00 | 182K | Feb 20, 2024 | Direct | F1, F2 |
| holding | OSBC | Old Second Bancorp, Inc. Common Stock | 268K | Feb 20, 2024 | Direct | F3 | |||||
| holding | OSBC | Old Second Bancorp, Inc. Common Stock | 31.5K | Feb 20, 2024 | By 401-K | ||||||
| holding | OSBC | Old Second Bancorp, Inc. Common Stock | 6.16K | Feb 20, 2024 | By Profit Sharing |
| Id | Content |
|---|---|
| F1 | Each restricted stock unit represents a contingent right to receive one share of common stock. The reporting person was granted 77,088 restricted stock units on the date of the grant, 38,544 of which are time-based restricted stock units that vest on the third anniversary of the grant date, and 38,544 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 | Of this total are 101,316 shares of Performance Based Restricted Stock Units and 80,840 shares of Restricted Stock Units. |
| F3 | Included in this total are 14,247 shares held outright; 148 shares held jointly with spouse and 253,296 shares held with a broker. |