Susan D. Aaron - 24 Feb 2022 Form 4 Insider Report for HORIZON BANCORP INC /IN/ (HBNC)

Role: Director
Signature: /s/Mark E. Secor as Attorney-in-Fact for Susan D. Aaron
Issuer symbol: HBNC
Transactions as of: 24 Feb 2022
Net transactions value: +$29,914
Form type: 4
Filing time: 25 Feb 2022, 14:26:15 UTC
Previous filing: 08 Dec 2021
Next filing: 23 Sep 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	HBNC	Common Stock						53,089	24 Feb 2022	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	HBNC	Deferred Stock Units	Award	$29,914	+1,538	+14%	$19.45	12,558	24 Feb 2022	Common Stock	1,538		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Deferred Stock Unit ("DSU") is the economic equivalent of one share of common stock. The DSUs become payable, in cash or common stock or a combination of the two, at the discretion of the Issuer upon the conditions described in the Issuer's Directors Preferred Compensation Plan.