Company: OSBC
Filing Date: 2025-04-18
Form Type: DEF 14A
Source: 0001558370-25-005000
Chunk: 81

Company: OLD SECOND BANCORP INC
Filing Date: 2025-04-18
Form: DEF 14A
Chunk 81
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120,505 |
| John Ladowicz       |   |           70,000 |   |    58,005 | (3)​ | 128,005 |
| Billy J. Lyons, Jr. | ​ |           66,000 | ​ |    58,005 | (3)​ | 124,005 |
| Hugh McLean         | ​ |           76,500 | ​ |    58,005 | (3)​ | 134,505 |
| Patti Temple Rocks  |   |           64,500 |   |    58,005 | (3)​ | 122,505 |
| John Williams, Jr.  | ​ |           52,500 | ​ |    58,005 | (3)​ | 110,505 |
| Jill York           | ​ |           78,500 | ​ |    58,005 | (3)​ | 136,505 |

| (1) | We maintain the Old Second Bancorp, Inc. Amended and Restated Voluntary Deferred Compensation Plan for Directors (the “Director Deferred Compensation Plan”) under which directors are permitted to defer receipt of their directors’ fees. The directors who participate in the plan are permitted to make hypothetical investments in publicly-traded funds that are held in an insurance company separate account, with respect to the contributions credited to their plan accounts. We may, but are not required to, contribute the deferred fees into a trust, which may hold our stock. The plan is a nonqualified deferred compensation plan and the directors have no interest in the trust. The deferred fees and any earnings thereon are our unsecured obligations. Any shares held in the trust are treated as treasury shares and may not be voted on any matter presented to stockholders. We do not pay any above-market interest on the compensation or fees deferred by the directors. |

| (2) | The amounts represent the grant date fair value for equity awards in accordance with ASC 718 — “Compensation-Stock Compensation.”  A discussion of the assumptions used in calculating the values may be found in Note 1 of our audited financial statements included in our 2023 Annual Report on Form 10-K. |

| (3) | Total unvested restricted stock units held by such director at December 31, 2024 was 10,441, which includes awards granted in 2022 through 2024. |

| (4) | In accordance with our Director