Susan D. Aaron - Feb 28, 2023 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
Stock symbol
HBNC
Transactions as of
Feb 28, 2023
Transactions value $
$34,869
Form type
4
Date filed
3/2/2023, 11:12 AM
Previous filing
Sep 23, 2022
Next filing
Jun 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HBNC Common Stock 50.4K Feb 28, 2023 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 $34.9K +2.29K +18.2% $15.26 14.8K Feb 28, 2023 Common Stock 2.29K 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.