ADAMS BRADLEY S. 4
4 · OLD SECOND BANCORP INC · Filed Feb 21, 2025
Insider Transaction Report
Form 4
ADAMS BRADLEY S.
CFO & COO
Transactions
- Award
Restricted Stock Units
2025-02-19+26,316→ 86,265 total
Holdings
- 127,679
Old Second Bancorp, Inc. Common Stock
- 9,983(indirect: By 401-k Plan)
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 26,316 restricted stock units on the date of the grant, 13,158 of which are time-based restricted stock units that vest on the third anniversary of the grant date, and 13,158 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, 38,722 shares are Restricted Stock Units and 47,543 shares are Performance-based Restricted Stock Units.
- [F3]Included in this total are 75,300 shares held jointly with spouse with a broker and 52,379 shares held jointly with spouse outright.