James Eccher - 19 Feb 2025 Form 4 Insider Report for OLD SECOND BANCORP INC (OSBC)

Reporting relationship: CHAIRMAN AND CEO, Director
Issuer ticker: OSBC
Reported as of: 19 Feb 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 21 Feb 2025, 15:59:59 UTC
Prior SEC filing: 02 Jan 2025
Next SEC filing: 06 Mar 2025
Source filing: View source filing
Reporting owner signature: /s/ Shirley Cantrell, Attorney-in-Fact

Key filing fact

James Eccher filed Form 4 for OLD SECOND BANCORP INC (OSBC) on 21 Feb 2025.

Key facts

This page summarizes James Eccher's Form 4 filing for OLD SECOND BANCORP INC (OSBC).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 21 Feb 2025, 15:59.

Change

Previous filing in this sequence was filed on 02 Jan 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

OSBC transaction

Restricted Stock Units

Award

Transaction value: $0
Shares: +57,154
Change %: +40%
Price: $0.000000
Shares after: 201,576
Date: 19 Feb 2025
Ownership: Direct
Footnotes: F1, F2

OSBC holding

Old Second Bancorp, Inc. Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 301,485
Date: 19 Feb 2025
Ownership: Direct
Footnotes: F3

OSBC holding

Old Second Bancorp, Inc. Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 32,258
Date: 19 Feb 2025
Ownership: By 401-K

OSBC holding

Old Second Bancorp, Inc. Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 6,247
Date: 19 Feb 2025
Ownership: By Profit Sharing

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of common stock. The reporting person was granted 57,154 restricted stock units on the date of the grant, 28,577 of which are time-based restricted stock units that vest on the third anniversary of the grant date, and 28,577 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.

Footnote F2

Of this total, 109,417 shares are performance-based restricted stock units and 92,159 shares are time-based restricted stock units.

Footnote F3

Included in this total are 148 shares held jointly with spouse; 289,259 shares held in a brokerage account and 12,078 shares held in Mr. Eccher's name outright.