Company: OSBC
Filing Date: 2025-04-18
Form Type: DEF 14A
Source: 0001558370-25-005000
Chunk: 51

Company: OLD SECOND BANCORP INC
Filing Date: 2025-04-18
Form: DEF 14A
Chunk 51
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12.0% of base salary on a target 10% for this performance metric. Mr. Gartelmann was evaluated on the performance of our Wealth Management department, including growth of wealth management income and assets under management, and earned 26.78% of base salary on a target 25% for this performance metric. Total 2024 Annual Cash Incentive Plan Awards As outlined above, the Compensation Committee reviewed our performance and the performance of each department and executive officer, as applicable. Based on this review, the Compensation Committee approved awards at an amount equal to an interpolated amount between the total potential threshold incentive and the total maximum incentive for each performance objective (if the threshold performance level was obtained for such objective). Our named executive officers’ actual cash incentive awards for 2024 are noted in the table below, along with the percentage of the total target incentive each officer achieved.

| ​                  | ​ |            ​ | ​ |                ​ |
| ​                  |   |            ​ |   |    Percentage of |
| ​                  | ​ |            ​ | ​ | Target Incentive |
| ​                  | ​ | Actual Award | ​ | Payment Achieved |
| Name               | ​ |           -$ | ​ |               -% |
| James Eccher       | ​ |      740,546 |   |            107.6 |
| Bradley Adams      | ​ |      327,037 |   |            120.1 |
| Gary Collins       | ​ |      164,358 |   |            109.6 |
| Donald Pilmer      | ​ |      213,407 |   |            101.9 |
| Richard Gartelmann | ​ |      136,971 |   |            115.7 |

31

Long-Term Equity Compensation. 2024 TRSU Awards.In 2024, the Compensation Committee approved equity grants for our named executive officers comprised of time-vesting restricted stock units, or TRSUs, as shown in the following table.

| ​                  | ​ |         ​ |
| Name               | ​ | TRSUs (#) |
| James Eccher       | ​ |    38,544 |
| Bradley Adams      | ​ |    16,618 |
| Gary Collins       | ​ |     8,246 |
| Donald Pilmer      | ​ |     8,032 |
| Richard Gartelmann | ​ |     3,575 |

The TRSUs are subject to