GARY S. COLLINS - 13 Mar 2024 Form 4 Insider Report for OLD SECOND BANCORP INC (OSBC)

Signature
/s/ Shirley Cantrell, Attorney-in-Fact
Issuer symbol
OSBC
Transactions as of
13 Mar 2024
Net transactions value
-$62,324
Form type
4
Filing time
15 Mar 2024, 18:24:42 UTC
Previous filing
02 Jan 2024
Next filing
21 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSBC Old Second Bancorp, Inc. Common Stock Award $0 +15,924 $0.000000 15,924 13 Mar 2024 Direct F1
transaction OSBC Old Second Bancorp, Inc. Common Stock Tax liability $62,324 -4,665 -41% $13.36 6,594 13 Mar 2024 Direct F2
holding OSBC Old Second Bancorp, Inc. Common Stock 11,259 13 Mar 2024 Direct
holding OSBC Restricted Stock Units 33,838 13 Mar 2024 Direct F3
holding OSBC Old Second Bancorp, Inc. Common Stock 92,893 13 Mar 2024 Direct F4
holding OSBC Old Second Bancorp, Inc. Common Stock 76,768 13 Mar 2024 IRA F5
holding OSBC Old Second Bancorp, Inc. Common Stock 5,894 13 Mar 2024 By 401-K
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares delivered to the reporting person pursuant to vesting of performance-based restricted stock units granted under the Old Second Bancorp, Inc. 2019 Equity Incentive Plan, as Amended and Restated and vested upon achievement of performance goals for the applicable performance period. At the time of grant, the reporting person reported an acquisition of 10,616 of these shares, which represented the number of shares that would be delivered if target performance was achieved during the performance period. Actual performance exceeded the target performance for the performance period.
F2 Shares withheld for taxes upon settlement in shares of the performance-based restricted stock units previously granted to the reporting person.
F3 Included in this total are 16,919 shares of time-based unvested restricted stock units and 16,919 shares of performance-based restricted stock units (representing the number of unvested performance-based restricted stock units that will vest if target performance is achieved).
F4 Included in this total are 41,762 shares held jointly with child and 51,131.306 shares held jointly with a child at a broker.
F5 Included in this total are 41,000 shares in a ROTH IRA and 35,768.085 in a traditional IRA.