Richard A. Gartelmann Jr. - 11 Mar 2025 Form 4 Insider Report for OLD SECOND BANCORP INC (OSBC)

Role
EVP
Signature
/s/ Shirley Cantrell, Attorney-in-Fact
Issuer symbol
OSBC
Transactions as of
11 Mar 2025
Net transactions value
$0
Form type
4
Filing time
25 Mar 2025, 10:31:51 UTC
Previous filing
21 Feb 2025
Next filing
01 Apr 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSBC Restricted Stock Units Award $0 +2,724 +15% $0.000000 20,552 11 Mar 2025 Direct F1
holding OSBC Old Second Bancorp, Inc. Common Stock 26,874 11 Mar 2025 Direct F2
holding OSBC Old Second Bancorp, Inc. Common Stock 12,177 11 Mar 2025 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 unit represents a contingent right to receive one share of common stock. The reporting person was granted 2,724 restricted stock units on the date of grant, 1,362 of which are time-based restricted stock units that vest on the third anniversary of the grant date and 1,362 of which are performance-based restricted stock units that may vest and convert to shares within a range from 0% to 150% 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 within 3 to 5 business days from the date of vesting.
F2 These shares are held at a broker in Mr. Gartelmann's name alone.