Company: OSBC
Filing Date: 2025-04-01
Form Type: PRE 14A
Source: 0001558370-25-004277
Chunk: 53

Company: OLD SECOND BANCORP INC
Filing Date: 2025-04-01
Form: PRE 14A
Chunk 53
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 |                 | ​ |          Percent of |
| Performance Metric                                | ​ | Weight (%) | ​ | Performance Goal (Percentile) | ​ | Payout Rate (%) | ​ | Performance Goal (Percentile) | ​ | Payout Rate (%) | ​ | Performance Goal (Percentile) | ​ | Payout Rate (%) | ​ | Target Achieved (%) |
| Relative Return on Average Tangible Common Equity | ​ |         67 | ​ | 25th                          | ​ |              25 | ​ | 50th                          | ​ |             100 | ​ | 75th                          | ​ |             175 | ​ |                 175 |
| Growth in Relative Book Value per Share           | ​ |         33 | ​ | 25th                          | ​ |              25 | ​ | 50th                          | ​ |             100 | ​ | 75th                          | ​ |             175 | ​ |                 175 |

Based on the above, the 2022 PRSUs were earned at 175% of target for relative return on average tangible common equity and 175% of target for growth in relative book value per share. Payment of the earned portion of the 2022 PRSUs occurred on March 4, 2025, the date the Compensation Committee certified the performance results, and were as follows:

| ​                       | ​ |                 ​ |
| Named Executive Officer | ​ | 2022 Earned PRSUs |
| James Eccher            | ​ |            30,203 |
| Bradley Adams           | ​ |            15,439 |
| Gary Collins            | ​ |            15,180 |

32

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#### ​Perquisites and Other Benefits.While the Compensation Committee reviews and monitors the level of other compensation offered to the named executive officers, the Compensation Committee typically does not adjust the level of benefits offered on an annual basis. The Compensation Committee does consider the benefits and perquisites offered to the named executive officers in its evaluation of the total compensation received by each. The perquisites received by the named executive officers in 2024 are reported in the Summary Compensation Table below. The benefits offered in 2024 to the named executive officers are expected to continue for 2025.​Regulatory ConsiderationsAs a publicly-traded financial institution, we must contend with several often-overlapping layers of regulations when considering and implementing compensation-related decisions. These regulations do not set specific parameters within which compensation decisions must be made, but do require the Compensation