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OLD SECOND BANCORP INC — Director's Dealing 2025
Feb 21, 2025
32302_dirs_2025-02-21_3f2b3c71-b1c1-4772-b439-6c1d59e8ae12.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: 2025-02-19
Reporting Person: Pilmer Donald (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-02-19 | Restricted Stock Units | A | 12142 | — | Acquired | 38718 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Old Second Bancorp, Inc. Common Stock | 57649 | Direct |
| Old Second Bancorp, Inc. Common Stock | 5486 | Direct |
| Old Second Bancorp, Inc. Common Stock | 1450 | Indirect |
| Old Second Bancorp, Inc. Common Stock | 3954 | Indirect |
| Old Second Bancorp, Inc. Common Stock | 180 | Indirect |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of common stock. The reporting person was granted 12,142 restricted stock units on the date of the grant, 6,071 of which are time-based restricted stock units that vest on the third anniversary of the grant date, and 6,071 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: Of this total, 19,359 shares are performance-based restricted stock units and 19,359 shares are time-based restricted stock units.
F3: These shares are held in Mr. Pilmer's name outright.
F4: These shares are held in spouse's IRA for which Mr. Pilmer is listed as a beneficiary.