Lawrence E. Burnell - Feb 28, 2023 Form 4 Insider Report for HORIZON BANCORP INC /IN/ (HBNC)

Role: Director
Signature: /s/Mark E. Secor as Attorney-in-Fact Lawrence E. Burnell
Stock symbol: HBNC
Transactions as of: Feb 28, 2023
Transactions value $: $34,869
Form type: 4
Date filed: 3/1/2023, 02:29 PM
Previous filing: Feb 25, 2022
Next filing: May 3, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	HBNC	Common Stock						9.28K	Feb 28, 2023	Direct	F1
holding	HBNC	Common Stock						27.3K	Feb 28, 2023	By Trust	F1

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	$34.9K	+2.29K	+18.38%	$15.26	14.7K	Feb 28, 2023	Common Stock	2.29K		Direct	F2

* 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	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.