Jeffrey L. Knight - 18 Feb 2022 Form 4 Insider Report for OLD NATIONAL BANCORP /IN/ (ONB)

Signature
/s/JEFFREY L. KNIGHT, CHIEF GOVERNMENT RELATIONS OFFICER
Issuer symbol
ONB
Transactions as of
18 Feb 2022
Net transactions value
-$91,116
Form type
4
Filing time
22 Feb 2022, 14:56:14 UTC
Previous filing
14 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ONB COMMON STOCK Disposed to Issuer $72,603 -3,916 -9.1% $18.54 39,332 01 Feb 2022 Direct F2
transaction ONB COMMON STOCK Tax liability $47,852 +2,581 +6.6% $18.54 41,913 01 Feb 2022 Direct F2
transaction ONB COMMON STOCK Disposed to Issuer $230,354 -12,418 -30% $18.55 29,495 10 Feb 2022 Direct F2
transaction ONB COMMON STOCK Tax liability $163,166 +8,796 +30% $18.55 38,291 10 Feb 2022 Direct F2
holding ONB COMMON STOCK 12,936 18 Feb 2022 ONB KSOP F1
holding ONB COMMON STOCK 121 18 Feb 2022 CAROLINE E KNIGHT, DAUGHTER
holding ONB COMMON STOCK 396 18 Feb 2022 Direct F3
holding ONB COMMON STOCK 75,782 18 Feb 2022 Direct F4

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 ONB PHANTOM STOCK Award $824 +45 +0.73% $18.30 6,168 18 Feb 2022 COMMON STOCK 45 $18.30 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Jeffrey L. Knight is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 ONB KSOP
F2 Includes 22,829 restricted stock units, 4,084 restricted stock shares and 11,378 share of common stock. Fractional amounts have been rounded to the nearest whole number.
F3 Old National Bancorp Employee Stock Purchase Plan.
F4 Shares held with a broker.
F5 Shares of phantom stock are payable in cash following termination of the reporting person's employment with ONB or reporting person becoming disabled. The reporting person may transfer his phantom stock account into an alternative investment account at any time.
F6 Each share of phantom stock represents the right to receive one share of ONB common stock or the cash value thereof.

Remarks:

The reporting person resigned as Chief Legal Counsel and Corporate Secretary of Issuer effective February 15, 2022 in connection with the merger of First Midwest Bancorp, Inc. into the Issuer. As a result, the reporting person is no longer subject to Section 16 in connection with transactions in the equity securities of Issuer.