Tom Salmon - Jul 8, 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
Stock symbol
ONB
Transactions as of
Jul 8, 2022
Transactions value $
$29,626
Form type
4
Date filed
7/11/2022, 02:47 PM
Previous filing
Apr 5, 2022
Next filing
Aug 29, 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 $29.6K +1.96K +9.8% $15.10 22K Jul 8, 2022 COMMON STOCK 1.96K 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 June 15, 2022, a Plan statement reported that the Reporting Person acquired 186.6940 shares of Old National Bancorp common stock pursuant to the dividend reinvestment feature under the Plan.