WILLIAM KANE - Corporate Board Profile

OLD SECOND BANCORP INC

Filing Date	Source Excerpt
2014-04-21	The members of the Compensation Committee in 2013 were Messrs. Bonifas, Kane, Meyer and Palmer (who served as Chairman), each of whom is an "independent" director as defined by Nasdaq, an "outside" director pursuant to Section 162(m) of the Internal Revenue Code and a "non-employee" director under Section 16 of the Securities Exchange Act of 1934. We expect that these members will continue to serve on the committee in 2014.
2015-04-17	William Kane (Age 63) Partner, Label Printers, Inc., a printing company.
2016-04-12	Mr. Kane is a qualified candidate for service on the board and the Compensation Committee and the Nominating and Corporate Governance Committee. In 2015, Mr. Kane earned $39,000 in director fees.
2017-04-14	Mr. Kane is a Partner of Label Printers, Inc., a printing company. We consider Mr. Kane to be a qualified candidate for service on the board and the Compensation Committee and the Risk Committee as Chairman, and Nominating and Corporate Governance Committee due to his experience as a partner at a successful local business, his general experience in business and his prominence in the communities we serve. Each of our directors also serves as a director of Old Second National Bank. In 2016, each non-employee director received $1,000 for every board meeting and $500 for every committee meeting attended if there were no other bank-level meetings held that day. Non-employee directors of the Bank received a $13,000 annual retainer. Our Chairman received an $80,000 retainer in 2016 for his service as the chairman; in addition, he received $1,000 for every board meeting and $500 for every committee meeting attended. The chairs of our Compensation Committee, Mr. Ladowicz, and Audit Committee, Mr. Suits, also received additional 2016 retainers in the amounts of $18,000 and $20,000, respectively. Mr. Kane received $37,500 in fees earned or paid in cash in 2016.
2018-04-13	Mr. Kane serves on the Compensation Committee, Risk Committee as Chairman, and Nominating and Corporate Governance Committee. Director compensation table shows William Kane fees earned or paid in cash $35,500, stock awards $27,125, total $62,625.
2019-04-19	Mr. Kane is a Partner of Label Printers, Inc., a printing company, a position he has held since 1977. We consider Mr. Kane to be a qualified candidate for service on the board and the Compensation Committee and the Risk Committee as Chairman, and Nominating and Corporate Governance Committee due to his experience as a partner at a successful local business, his general experience in business and his prominence in the communities we serve. ... The following table sets forth the compensation paid to our non-employee directors in 2018: William Kane 34,000 fees earned or paid in cash, 91,375 stock awards, total 125,375.
2020-07-17	We also paid our directors $750 for every committee meeting attended, if there were no other company-level meetings held that day. We also grant our directors annual equity awards in the form of restricted stock units. These awards cliff vest on the third anniversary of the grant date. The grant date of the 2019 equity awards was May 21, 2019, and these awards will vest on May 21, 2022. The following table sets forth the compensation paid to our non-employee directors in 2019: William Kane Fees earned or paid in cash $39,500 Stock Awards $19,365 Total $58,865
2022-04-14	Mr. Kane is a Partner of Label Printers, Inc., a printing company, a position he has held since 1977. We consider Mr. Kane to be a qualified candidate for service on the board, the Compensation Committee, and the Risk Committee due to his experience as a partner at a successful local business. The following table sets forth the compensation paid to each of our non-employee directors and to Mr. Acker in 2021: William Kane - $40,938 fees earned or paid in cash, $42,748 stock awards, total $83,686.
2023-04-14	Mr. Kane is a Partner of Label Printers, Inc. ... qualified candidate for service on the board, the Compensation Committee and the Risk and Insurance Committee ... 2022 director compensation table showing William Kane with total $86,440.