| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | OSBC | Restricted Stock Units | Award | $0 | +16.1K | +85.57% | $0.00 | 34.8K | Feb 20, 2024 | Direct | F1, F2 |
| holding | OSBC | Old Second Bancorp, Inc. Common Stock | 3.9K | Feb 20, 2024 | By 401-K Plan | ||||||
| holding | OSBC | Old Second Bancorp, Inc. Common Stock | 177 | Feb 20, 2024 | By Profit Sharing Plan | ||||||
| holding | OSBC | Old Second Bancorp, Inc. Common Stock | 1.45K | Feb 20, 2024 | Spouse's IRA | F3 | |||||
| holding | OSBC | Old Second Bancorp, Inc. Common Stock | 57.6K | Feb 20, 2024 | Direct | F4 |
| Id | Content |
|---|---|
| F1 | Each restricted stock unit represents a contingent right to receive one share of common stock. The reporting person was granted 16,064 restricted stock units on the date of the grant, 8,032 of which are time-based restricted stock units that vest on the third anniversary of the grant date, and 8,032 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, 13,288 shares are Performance Based Restricted Stock Units and 21,548 shares of Restricted Stock Units. |
| F3 | These shares are held in spouse's IRA for which Mr. Pilmer is listed as a beneficiary. |
| F4 | Included in this total are 50,976 shares held in a brokerage account and 6,673 shares in Mr. Pilmer's name alone. |