SEC Form 4 · accession 0001179110-18-005778
OLD SECOND BANCORP INC · OSBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gerald Palmer
Director
Period of report
Apr 17, 2018
Accepted (ET)
Apr 18, 2018 · 5:47 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 StockF3,F4,F1 | Apr 17, 2018 | A | 5,000 | — | A | 58,689 | 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 |
Explanation of responses
- F1Included in this total are 47,189 shares in Mr. Palmer's name as Trustee, 6,500 shares of restricted stock units and 5,000 shares of Performance Based 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 Performance Based Restricted Stock Units granted in 2018 under the Long Term Incentive Program. These shares have a 3-year cliff vesting.
- F4Does not apply.