OLD SECOND BANCORP INC — Director's Dealing 2011

Jan 5, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OLD SECOND BANCORP INC (OSBC)
CIK: 0000357173
Period of Report: 2011-01-04

Reporting Person: SCHMITZ JAMES C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-01-04	Old Second Bancorp Inc. Common Stock	G	30000	—	Disposed	51996	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (Right to Buy)	$7.49	2019-02-17	Common Stock (1500)	1500	Direct
Employee Stock Option (Right to Buy)	$27.75	2017-12-18	Common Stock (1500)	1500	Direct
Employee Stock Option (Right to Buy)	$29.20	2016-12-19	Common Stock (1500)	1500	Direct
Employee Stock Option (Right to Buy)	$31.34	2015-12-20	Common Stock (1500)	1500	Direct
Employee Stock Option (Right to Buy)	$32.59	2014-12-21	Common Stock (1500)	1500	Direct

Footnotes

F1: Does not apply.

F2: Included in this total are 200 shares held in Mr. Schmitz' name alone; 1,796 shares of restricted stock and 50,000 shares held by James Schmitz as Trustee of the James C. Schmitz Trust.

F3: The 30,000 shares are being gifted through a charitable gifting program. For purposes of this gifting, a value of $1.805 per share is being used.