AI assistant
OLD SECOND BANCORP INC — Director's Dealing 2023
Mar 3, 2023
32302_dirs_2023-03-03_df85a10f-e5a0-4b44-82ae-ea3bfce8f6f1.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4/A — Form 4/A
Issuer: OLD SECOND BANCORP INC (OSBC)
CIK: 0000357173
Period of Report: 2023-02-21
Reporting Person: Eccher James (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-21 | Restricted Stock Units | A | 50076 | — | Acquired | 125544 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Old Second Bancorp, Inc. Common Stock | 262214 | Direct |
| Old Second Bancorp, Inc. Common Stock | 30771 | Indirect |
| Old Second Bancorp, Inc. Common Stock | 6075 | Indirect |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of common stock. The reporting person was granted 50,076 restricted stock units on the date of grant, 25,038 of which are time-based restricted stock units that cliff vest on the third anniversary of the grant date, and 25,038 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: Included in this total are 148 shares held jointly with spouse; 245,658 shares held in a brokerage account and 16,408 shares held outright in Mr. Eccher's name.