Gary S. Collins - Feb 21, 2023 Form 4/A - Amendment Insider Report for OLD SECOND BANCORP INC (OSBC)

Role
VICE CHAIRMAN, Director
Signature
/s/ Shirley Cantrell, Attorney-in-Fact
Stock symbol
OSBC
Transactions as of
Feb 21, 2023
Transactions value $
$0
Form type
4/A - Amendment
Date filed
3/3/2023, 04:25 PM
Date Of Original Report
Feb 21, 2023
Previous filing
Feb 23, 2023
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OSBC Restricted Stock Units Award $0 +16.5K +42.75% $0.00 55.1K Feb 21, 2023 Direct F1
holding OSBC Old Second Bancorp, Inc. Common Stock 85.8K Feb 21, 2023 Direct F2
holding OSBC Old Second Bancorp, Inc. Common Stock 76.8K Feb 21, 2023 IRA F3
holding OSBC Old Second Bancorp, Inc. Common Stock 5.75K Feb 21, 2023 By 401-K
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock 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 grant, 8,246 of which are time-based restricted stock units that cliff 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 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.
F2 Included in this total are 6,983 shares in Mr. Collins' name outright and 78,845.306 shares in Mr. Collins name in a broker account.
F3 Included in this total are 41,000 shares in a ROTH IRA and 35,768.085 in a traditional IRA.