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OLD SECOND BANCORP INC — Director's Dealing 2024
Mar 21, 2024
32302_dirs_2024-03-21_3319dcac-7c9c-4380-9885-77a1d908989c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: OLD SECOND BANCORP INC (OSBC)
CIK: 0000357173
Period of Report: 2024-03-20
Reporting Person: COLLINS GARY S (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-20 | Restricted Stock Units | A | 16492 | — | Acquired | 50330 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Old Second Bancorp, Inc. Common Stock | 104152.306 | Direct |
| Old Second Bancorp, Inc. Common Stock | 76768.085 | Indirect |
| Old Second Bancorp, Inc. Common Stock | 5894 | Indirect |
Footnotes
F1: Each restricted stock grant unit represents a contingent right to receive one share of common stock. The reporting person was granted 16,492 restricted stock units on the date of the grant, 8,246 of which are time-based restricted stock units that vest on the third anniversary of the grant date, and 8,246 of which are performance-based restricted stock units that may vest and convert to shares within a range from 0% to 175% 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 in 3 to 5 business days from the date of vesting.
F2: This total includes 25,165 shares of time-based restricted stock units and 25,165 shares of performance-based restricted stock units.
F3: Included in this total are 11,259 shares in Mr. Collins' name alone and 92.893.306 shares held in Mr, Collins' name with a broker.
F4: Included in this total are 41,000 shares in a ROTH IRA and 35,768.085 in a traditional IRA.