James A. Sandgren - Feb 22, 2023 Form 4 Insider Report for OLD NATIONAL BANCORP /IN/ (ONB)

Role
CEO, COMMERCIAL BANKING
Signature
/s/ Sharon K. Brantley, Paralegal, as Attorney-In-Fact for James A. Sandgren
Stock symbol
ONB
Transactions as of
Feb 22, 2023
Transactions value $
-$220,363
Form type
4
Date filed
2/24/2023, 04:54 PM
Previous filing
Feb 22, 2023
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ONB Common Stock Tax liability -$220K -12.5K -15.34% $17.57 69.2K Feb 22, 2023 Direct F1, F2, F3
holding ONB Common Stock 6.52K Feb 22, 2023 ONB Employee Stock Ownership and Savings Plan
holding ONB Common Stock 104K Feb 22, 2023 Direct F4
holding ONB Common Stock 6.78K Feb 22, 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 14.8K Feb 22, 2023 Common Stock 14.8K 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 granted under a performance share award.
F2 Includes 27,195 restricted stock units, 21,366 restricted stock shares and 20,672 shares of common stock.
F3 Includes 5,128 shares of Old National Bancorp Common Stock accrued in dividends through the Company's last dividend payment date.
F4 Shares held with a broker.
F5 Represents shares held within the Old National Bancorp Employee Stock Purchase Plan
F6 Shares of phantom stock acquired under the Old National Bancorp Executive Deferred Compensation Plan (the "Plan") represent shares of Old National Bancorp common stock on a 1-for-1 basis and are payable in cash upon distribution to the Reporting Person in accordance with the terms of the Plan.