SEC Form 4 · accession 0001179110-17-002947
OLD SECOND BANCORP INC · OSBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gerald Palmer
Director
Period of report
Feb 21, 2017
Accepted (ET)
Feb 22, 2017 · 5:54 pm EST
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 StockF3,F1 | Feb 21, 2017 | A | 2,500 | — | D | 52,189 | D | |
| Old Second Bancorp, Inc. Common StockF2 | holding | — | — | — | 37,727 | 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 |
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.
- F2These shares are held in a brokerage account on behalf of Mr.Palmer's spouse's Trust account.
- F3These shares represent Restricted Stock Units granted in 2017 under Old Second's Equity Award Program. These shares have a 3-year cliff vesting.