Tom Salmon - 01 Apr 2022 Form 4 Insider Report for OLD NATIONAL BANCORP /IN/ (ONB)

Role
Director
Signature
/s/ JEFFREY L KNIGHT, CHIEF GOVERNMENT RELATIONS OFFICER, AS ATTORNEY-IN-FACT
Issuer symbol
ONB
Transactions as of
01 Apr 2022
Net transactions value
+$25,576
Form type
4
Filing time
05 Apr 2022, 15:50:36 UTC
Previous filing
10 Jan 2022
Next filing
11 Jul 2022

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 $25,576 +1,571 +8.6% $16.28 19,830 01 Apr 2022 COMMON STOCK 1,571 $16.28 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of phantom stock acquired pursuant to the Old National Bancorp Directors' Deferred Compensation Plan (the "Plan") for nonemployee directors as a result of the deferral of quarterly director fees paid in cash to the participant. The shares of phantom stock represent shares of Old National Bancorp common stock on a 1-for-1 basis and are payable in cash upon distribution to the participant in accordance with the terms of the Plan.
F2 On March 15, 2022, a Plan statement reported that the Reporting Person acquired 144.5855 shares of Old National Bancorp common stock pursuant to the dividend reinvestment feature under the Plan.