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 |
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. |