Eccher James 4
4 · OLD SECOND BANCORP INC · Filed Feb 21, 2025
Insider Transaction Report
Form 4
Eccher James
DirectorCHAIRMAN AND CEO
Transactions
- Award
Restricted Stock Units
2025-02-19+57,154→ 201,576 total
Holdings
- 301,485
Old Second Bancorp, Inc. Common Stock
- 6,247(indirect: By Profit Sharing)
Old Second Bancorp, Inc. Common Stock
- 32,258(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 57,154 restricted stock units on the date of the grant, 28,577 of which are time-based restricted stock units that vest on the third anniversary of the grant date, and 28,577 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, 109,417 shares are performance-based restricted stock units and 92,159 shares are time-based restricted stock units.
- [F3]Included in this total are 148 shares held jointly with spouse; 289,259 shares held in a brokerage account and 12,078 shares held in Mr. Eccher's name outright.