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OLD SECOND BANCORP INC — Director's Dealing 2024
Feb 23, 2024
32302_dirs_2024-02-22_c774fa93-8298-4088-8e4c-5e61ebc3329c.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: 2024-02-20
Reporting Person: ADAMS BRADLEY S. (N/A)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Restricted Stock Units | 79496 | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of common stock. The reporting person was granted 17,892 restricted stock units on the date of the grant, 8,946 of which are time-based restricted stock units that vest on the third anniversary of the grant date, and 8,946 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: The performance-based restricted stock units reported earlier were reported with an incorrect range of 0% - 150%. The correct range is 0% - 175%.