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OLD SECOND BANCORP INC — Director's Dealing 2025
Mar 25, 2025
32302_dirs_2025-03-25_1a96e485-7986-4947-84d8-aeb378e88e4e.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: 2025-03-11
Reporting Person: Gartelmann Richard A JR (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-03-11 | Restricted Stock Units | A | 2724 | — | Acquired | 20552 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Old Second Bancorp, Inc. Common Stock | 26874 | Direct |
| Old Second Bancorp, Inc. Common Stock | 12177 | Indirect |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of common stock. The reporting person was granted 2,724 restricted stock units on the date of grant, 1,362 of which are time-based restricted stock units that vest on the third anniversary of the grant date and 1,362 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 from the date of vesting.
F2: These shares are held at a broker in Mr. Gartelmann's name alone.