Pilmer Donald 4
4 · OLD SECOND BANCORP INC · Filed Feb 21, 2025
Insider Transaction Report
Form 4
Transactions
- Award
Restricted Stock Units
2025-02-19+12,142→ 38,718 total
Holdings
- 3,954(indirect: By 401-K Plan)
Old Second Bancorp, Inc. Common Stock
- 180(indirect: By Profit Sharing Plan)
Old Second Bancorp, Inc. Common Stock
- 57,649
Old Second Bancorp, Inc. Common Stock
- 5,486
Old Second Bancorp, Inc. Common Stock
- 1,450(indirect: By Spouse)
Old Second Bancorp, Inc. Common Stock
Footnotes (4)
- [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.