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OLD SECOND BANCORP INC — Director's Dealing 2023
Mar 3, 2023
32302_dirs_2023-03-03_733cfd5d-895c-4c6c-95cd-c7f147d853ff.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: Pilmer Donald (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-21 | Restricted Stock Units | A | 10512 | — | Acquired | 28880 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Old Second Bancorp, Inc. Common Stock | 3846 | Indirect |
| Old Second Bancorp, Inc. Common Stock | 175 | Indirect |
| Old Second Bancorp, Inc. Common Stock | 1450 | Indirect |
| Old Second Bancorp, Inc. Common Stock | 50956 | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of common stock. The reporting person was granted 10,512 restricted stock units on the date of grant, 5,256 of which are time-based restricted stock units that cliff vest on the third anniversary of the grant date, and 5,256 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.
F2: These shares are held in spouse's IRA for which Mr. Pilmer is listed as a beneficiary.
F3: Included in this total are 44,923 shares held in a brokerage account and 6,033 shares held outright.