SEC Form 4 · accession 0001179110-15-014243
OLD SECOND BANCORP INC · OSBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gerald Palmer
Director
Period of report
Oct 26, 2015
Accepted (ET)
Oct 27, 2015 · 5:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000357173
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Old Second Bancorp, Inc. Common StockF1 | Oct 26, 2015 | S | 2,500 | $6.55 | D | 52,189 | D | |
| Old Second Bancorp, Inc. Common Stock | Oct 26, 2015 | S | 2,500 | $6.5336 | D | 54,689 | D | |
| Old Second Bancorp, Inc. Common StockF2 | Oct 26, 2015 | S | 2,500 | $6.55 | D | 42,727 | I | Spouse's Trust |
| Old Second Bancorp, Inc. Common Stock | Oct 26, 2015 | S | 2,500 | $6.5336 | D | 45,227 | I | Spouse's Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Old Second Bancorp Inc. Stock Options | $7.49 | holding | — | — | — | Feb 17, 2010 | Feb 17, 2019 | Common Stock | 1,500 | 1,500 | D |
| Old Second Bancorp Inc. Stock Options | $27.75 | holding | — | — | — | Dec 18, 2008 | Dec 18, 2017 | Common Stock | 1,500 | 1,500 | D |
| Old Second Bancorp Inc. Stock Options | $29.20 | holding | — | — | — | Dec 17, 2007 | Dec 19, 2016 | Common Stock | 1,500 | 1,500 | D |
| Old Second Bancorp Inc. Stock Options | $31.34 | holding | — | — | — | Dec 20, 2005 | Dec 20, 2015 | Common Stock | 1,500 | 1,500 | D |
Explanation of responses
- F1Included in this total are 47,189 shares in Mr. Palmer's name as Trustee and 5,000 shares of restricted stock units in Mr. Palmer's name. The sale of the combined 5,000 shares brings the balance to 52,189 shares.
- F2These shares are held in a brokerage account on behalf of Mr.Palmer's spouse's Trust account. The sale of the combined 5,000 shares brings the balance to 42,727 shares.