COLLINS GARY S 4
4 · OLD SECOND BANCORP INC · Filed Mar 21, 2024
Insider Transaction Report
Form 4
COLLINS GARY S
DirectorVICE CHAIRMAN
Transactions
- Award
Restricted Stock Units
2024-03-20+16,492→ 50,330 total
Holdings
- 76,768.085(indirect: By IRA)
Old Second Bancorp, Inc. Common Stock
- 104,152.306
Old Second Bancorp, Inc. Common Stock
- 5,894(indirect: By 401-K)
Old Second Bancorp, Inc. Common Stock
Footnotes (4)
- [F1]Each restricted stock grant 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 the grant, 8,246 of which are time-based restricted stock units that 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 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]This total includes 25,165 shares of time-based restricted stock units and 25,165 shares of performance-based restricted stock units.
- [F3]Included in this total are 11,259 shares in Mr. Collins' name alone and 92.893.306 shares held in Mr, Collins' name with a broker.
- [F4]Included in this total are 41,000 shares in a ROTH IRA and 35,768.085 in a traditional IRA.