Stephen C. van Arsdell - 10 Apr 2023 Form 4 Insider Report for OLD NATIONAL BANCORP /IN/ (ONB)

Role
Director
Signature
/s/ Sharon K. Brantley, Paralegal, Attorney-in-Fact for Stephen C. Van Arsdelll
Issuer symbol
ONB
Transactions as of
10 Apr 2023
Net transactions value
+$24,832
Form type
4
Filing time
12 Apr 2023, 15:35:58 UTC
Previous filing
09 Feb 2023
Next filing
16 Nov 2023
SEC
View on sec.gov

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 - ONB Directors Deferred Compensation Plan Award $24,832 +1,802 $13.78 1,802 10 Apr 2023 Common Stock 1,802 Direct F3
holding ONB Phantom Stock-FMBI NQ Def Comp Plan-Non-Employee Directors 14,768 10 Apr 2023 Common Stock 14,768 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 First Midwest Bancorp, Inc. Deferred Compensation Plan for Nonemployee Directors (the "Plan") as a result of the deferral of quarterly directors fees paid in cash to the participant. The shares of phantom stock represent shares of First Midwest Bancorp, Inc. 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 Between March 15, 2022 and March 15, 2023, the Reporting Person acquired 623 shares of Old National Bancorp common stock pursuant to the Dividend Reinvestment feature of the Plan.
F3 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.