Todd A. Etzler - Feb 6, 2023 Form 4 Insider Report for HORIZON BANCORP INC /IN/ (HBNC)

Role: Executive Vice President & GC
Signature: /s/ Todd A. Etzler
Stock symbol: HBNC
Transactions as of: Feb 6, 2023
Transactions value $: $73,485
Form type: 4
Date filed: 2/8/2023, 01:23 PM
Previous filing: Nov 4, 2022
Next filing: Mar 21, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	HBNC	Common Stock						11.6K	Feb 6, 2023	Direct	F1
holding	HBNC	Common Stock						2.57K	Feb 6, 2023	By Thrift Plan	F2
holding	HBNC	Common Stock						589	Feb 6, 2023	By SERP

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	$73.5K	+4.55K	+580.74%	$16.14	5.34K	Feb 6, 2023	Common Stock	4.55K		Direct	F3

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

Explanation of Responses:

Id	Content
F1	Adjusted to include shares purchased pursuant to a dividend reinvestment program since the date of the reporting person's last ownership report.
F2	Adjusted to reflect additional shares allocated to the reporting person's benefit plan account after the date of the reporting person's last ownership report.
F3	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 combination of the two, at the discretion of Horizon upon the conditions described in the Horizon Bancorp 2005 Supplemental Executive Retirement Plan.