Sec Form 4 Filing - CHEATHAM J DOUGLAS @ OLD SECOND BANCORP INC - 2015-06-01

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
CHEATHAM J DOUGLAS
2. Issuer Name and Ticker or Trading Symbol
OLD SECOND BANCORP INC [ OSBC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
CFO
(Last) (First) (Middle)
37 S. RIVER ST.
3. Date of Earliest Transaction (MM/DD/YY)
06/01/2015
(Street)
AURORA, IL60506
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Old Second Bancorp, Inc. Common Stock 06/01/2015 S 4,363 D $ 6.17 63,523 ( 2 ) D
Old Second Bancorp, Inc. Common Stock 06/01/2015 S 3,500 D $ 6.2943 67,886 ( 1 ) D
Old Second Bancorp, Inc. Common Stock 62,386 D
Old Second Bancorp, Inc. Common Stock 38,736 I 401(k)
Old Second Bancorp, Inc. Common Stock 4,192 I Profit Sharing Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Options $ 27.75 12/18/2008 12/18/2017 Common Stock 15,000 15,000 D
Employee StockOptions $ 29.2 12/19/2007 12/19/2016 common stock 12,000 12,000 D
Employee Stock Options $ 31.34 12/20/2005 12/21/2015 common stock 12,000 12,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
CHEATHAM J DOUGLAS
37 S. RIVER ST.
AURORA, IL60506
X CFO
Signatures
/s/ J. Douglas Cheatham 06/01/2015
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Included in this total are 13,523 shares outright; 46,500 shares of restricted stock units in Mr. Cheatham's name alone and 7,863 shares are held in a brokerage account in Mr. Cheatham's name.
( 2 )Included in this total are 13,523 shares outright; 46,500 shares of restricted stock units in Mr. Cheatham's name alone and 3,500 shares are held in a brokerage account in Mr. Cheatham's name.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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