James A. Sandgren - Mar 2, 2022 Form 4 Insider Report for OLD NATIONAL BANCORP /IN/ (ONB)

Role
CEO, COMMERCIAL BANKING
Signature
/s/ JEFFREY L. KNIGHT, CHIEF GOVERNMENT RELATIONS OFFICER, AS ATTORNEY-IN-FACT
Stock symbol
ONB
Transactions as of
Mar 2, 2022
Transactions value $
$330,009
Form type
4
Date filed
3/4/2022, 01:12 PM
Previous filing
Feb 22, 2022
Next filing
Mar 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ONB COMMON STOCK Award $330K +18.3K +21.93% $17.99 102K Mar 2, 2022 Direct F3, F4, F5
holding ONB COMMON STOCK 6.3K Mar 2, 2022 ONB KSOP F1
holding ONB COMMON STOCK 6.1K Mar 2, 2022 Direct F2
holding ONB COMMON STOCK 79.7K Mar 2, 2022 Direct F6

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
holding ONB PHANTOM STOCK 11.3K Mar 2, 2022 COMMON STOCK 47 $18.30 Direct F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 KSOP balance updated based upon current data.
F2 Old National Bancorp Employee Stock Purchase Plan.
F3 Restricted stock award granted pursuant to the Old National Bancorp Amended and Restated 2008 Incentive Compensation Plan.
F4 The number of shares represented by this award was determined by dividing the dollar value of the award granted to the Reporting Person by $17.99 (which represents the volume weighted average price per share of the Issuer's common stock for the 20 consecutive trading days ending on the date of grant).
F5 Includes 51,105 restricted stock units, 27,305 restricted stock shares and 23,565 shares of common stock. Fractional amounts have been rounded to the nearest whole number.
F6 Shares held with a broker.
F7 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.
F8 Each share of phantom stock represents the right to receive one share of ONB common stock or the cash value thereof.