James C. Ryan III - 22 Feb 2023 Form 4 Insider Report for OLD NATIONAL BANCORP /IN/ (ONB)

Role: CHIEF EXECUTIVE OFFICER, Director
Signature: /s/ Sharon K. Brantley, Paralegal, as Attorney-In-Fact for James C. Ryan, III
Issuer symbol: ONB
Transactions as of: 22 Feb 2023
Net transactions value: -$504,646
Form type: 4
Filing time: 24 Feb 2023, 16:47:24 UTC
Previous filing: 03 Feb 2023
Next filing: 03 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ONB	Common Stock	Tax liability	$504,646	-28,722	-13%	$17.57	191,972	22 Feb 2023	Direct	F1, F2, F3
holding	ONB	Common Stock						186,925	22 Feb 2023	Direct	F4
holding	ONB	Common Stock						2,730	22 Feb 2023	by IRA
holding	ONB	Common Stock						1,601	22 Feb 2023	ONB Employee Stock Ownership and Savings Plan - 401(k)
holding	ONB	Common Stock						4,312	22 Feb 2023	Direct	F5

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 - ONB Executive Deferred Compensation Plan						6,601	22 Feb 2023	Common Stock	6,601		Direct	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects shares of the Issuer's common stock surrendered by the Reporting Person to satisfy tax withholding obligations upon the vesting of shares earned under a performance share award.
F2	Includes 12,550 shares of Old National Bancorp Common Stock accrued in dividends through the Company's last dividend payment date.
F3	Includes 72,237 restricted stock units, 71,618 restricted stock shares and 48,072 shares of common stock.
F4	Shares held with a broker.
F5	Represents shares held within the Old National Bancorp Employee Stock Purchase Plan.
F6	Represents shares of phantom stock acquired pursuant to a payroll deferral election into the Old National Bancorp Executive Deferred Compensation Plan (the "Plan"). 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.