Gary S. Collins - Mar 20, 2024 Form 4 Insider Report for OLD SECOND BANCORP INC (OSBC)

Signature
/s/ Shirley Cantrell, Attorney-in-Fact
Stock symbol
OSBC
Transactions as of
Mar 20, 2024
Transactions value $
$0
Form type
4
Date filed
3/21/2024, 06:17 PM
Previous filing
Mar 18, 2024
Next filing
Jul 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSBC Restricted Stock Units Award $0 +16.5K +48.74% $0.00 50.3K Mar 20, 2024 Direct F1, F2
holding OSBC Old Second Bancorp, Inc. Common Stock 104K Mar 20, 2024 Direct F3
holding OSBC Old Second Bancorp, Inc. Common Stock 76.8K Mar 20, 2024 IRA F4
holding OSBC Old Second Bancorp, Inc. Common Stock 5.89K Mar 20, 2024 By 401-K
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock grant unit represents a contingent right to receive one share of common stock. The reporting person was granted 16,492 restricted stock units on the date of the grant, 8,246 of which are time-based restricted stock units that vest on the third anniversary of the grant date, and 8,246 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 This total includes 25,165 shares of time-based restricted stock units and 25,165 shares of performance-based restricted stock units.
F3 Included in this total are 11,259 shares in Mr. Collins' name alone and 92.893.306 shares held in Mr, Collins' name with a broker.
F4 Included in this total are 41,000 shares in a ROTH IRA and 35,768.085 in a traditional IRA.