SUSAN D. AARON - 28 Feb 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
Issuer symbol
HBNC
Transactions as of
28 Feb 2023
Net transactions value
+$34,869
Form type
4
Filing time
02 Mar 2023, 11:12:50 UTC
Previous filing
23 Sep 2022
Next filing
08 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HBNC Common Stock 50,410 28 Feb 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 $34,869 +2,285 +18% $15.26 14,843 28 Feb 2023 Common Stock 2,285 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.