Gartelmann Richard A JR 4
4 · OLD SECOND BANCORP INC · Filed Mar 25, 2025
Insider Transaction Report
Form 4
Transactions
- Award
Restricted Stock Units
2025-03-11+2,724→ 20,552 total
Holdings
- 26,874
Old Second Bancorp, Inc. Common Stock
- 12,177(indirect: By 401-K)
Old Second Bancorp, Inc. Common Stock
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock. The reporting person was granted 2,724 restricted stock units on the date of grant, 1,362 of which are time-based restricted stock units that vest on the third anniversary of the grant date and 1,362 of which are performance-based restricted stock units that may vest and convert to shares within a range from 0% to 150% 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 within 3 to 5 business days from the date of vesting.
- [F2]These shares are held at a broker in Mr. Gartelmann's name alone.