Thomas L. Brown - Nov 15, 2023 Form 4 Insider Report for OLD NATIONAL BANCORP /IN/ (ONB)

Role
Director
Signature
/s/ Andrea L. Stangl, Attorney-in-fact for Thomas Lynn Brown
Stock symbol
ONB
Transactions as of
Nov 15, 2023
Transactions value $
$74,995
Form type
4
Date filed
11/16/2023, 07:47 PM
Previous filing
May 2, 2023
Next filing
Mar 4, 2024

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 $75K +5K +272.35% $14.99 6.84K Nov 15, 2023 Common Stock 5K Direct F3, F4
holding ONB Phantom Stock-FMBI NQ Def Comp Plan-Non-Employee Directors 6.23K Nov 15, 2023 Common Stock 6.23K 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 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 Between March 16, 2023 and September 15, 2023, the Reporting Person acquired 118 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 the equity portion of the Reporting Person's director compensation. 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.
F4 Between April 11, 2023 and September 15, 2023, the Reporting Person acquired 35 shares of Old National Bancorp common stock pursuant to the Dividend Reinvestment feature of the Plan.