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OLD SECOND BANCORP INC — Director's Dealing 2024
Mar 15, 2024
32302_dirs_2024-03-15_e7d553f0-898a-4f4a-8977-5b5c0e1c56e0.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: 2024-03-13
Reporting Person: Eccher James (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-13 | Old Second Bancorp, Inc. Common Stock | A | 30714 | — | Acquired | 298405 | Direct |
| 2024-03-13 | Old Second Bancorp, Inc. Common Stock | F | 8998 | $13.36 | Disposed | 289407 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Restricted Stock Units | 161680 | Direct |
| Old Second Bancorp, Inc. Common Stock | 31494 | Indirect |
| Old Second Bancorp, Inc. Common Stock | 6161 | Indirect |
Footnotes
F1: Shares delivered to the reporting person pursuant to vesting of performance-based restricted stock units granted under the Old Second Bancorp, Inc. 2019 Equity Incentive Plan, as Amended and Restated and vested upon achievement of performance goals for the applicable reporting period. At the time of grant, the reporting person reported an acquisition of 20,476 of these shares, which represented the number of shares that would be delivered if target performance was achieved during the performance period. Actual performance exceeded the target performance for teh performance period.
F2: Shares withheld for taxes upon the settlement in shares of the performance-based restricted stock units previously granted to the reporting person.
F3: Included in this total are 267,543 shares held with a broker; 21,716 shares held outright solely by the reporting person and 148 shares held jointly with the spouse.
F4: Included in this total are 80,840 shares of time-based unvested restricted stock units and 80,840 shares of performance-based restricted stock units, (representing the number of unvested performance-based restricted stock units that will vest if target performance is achieved).