4//SEC Filing
Gartelmann Richard A JR 4
Accession 0001415889-24-004894
CIK 0000357173other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 5:42 PM ET
Size
7.0 KB
Accession
0001415889-24-004894
Insider Transaction Report
Form 4
Transactions
- Award
Restricted Stock Units
2024-02-20+7,150→ 16,383 total
Holdings
- 24,215.667
Old Second Bancorp, Inc. Common Stock
- 11,693(indirect: By 401-K)
Old Second Bancorp, Inc. Common Stock
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock. The reporting person was granted 7,150 restricted stock units on the date of the grant, 3,575 of which are time-based restricted stock units that vest on the third anniversary of the grant date, and 3,575 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]Included in this total are 6,160 shares of Performance Based Restricted Stock Units and 10,223 shares of Restricted Stock Units.
- [F3]Of this total, 20,975.667 shares are held in Trust with spouse and 3,240 shares are held in his name outright.
Documents
Issuer
OLD SECOND BANCORP INC
CIK 0000357173
Entity typeother
Related Parties
1- filerCIK 0001840027
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 5:42 PM ET
- Size
- 7.0 KB