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OLD SECOND BANCORP INC — Director's Dealing 2023
Mar 3, 2023
32302_dirs_2023-03-03_361385cf-2ea0-4163-a6ff-15943a5eb36c.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: OLD SECOND BANCORP INC (OSBC)
CIK: 0000357173
Period of Report: 2023-02-21
Reporting Person: Gartelmann Richard A JR (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-21 | Restricted Stock Units | A | 5170 | — | Acquired | 14187 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Old Second Bancorp, Inc. Common Stock | 20975.6670 | Direct |
| Old Second Bancorp, Inc. Common Stock | 11231 | Indirect |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of common stock. The reporting person was granted 5,170 restricted stock units on the date of grant, 2,585 of which are time-based restricted stock units that vest on the third anniversary of the grant date and 2,585 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: Of this total, 18,082.667 shares are held in Trust with spouse and 2,893 shares are held in his name alone.