Derrick J. Stewart - 15 Nov 2023 Form 4 Insider Report for OLD NATIONAL BANCORP /IN/ (ONB)

Role
Director
Signature
/s/ Andrea L. Stangl, Attorney-in-fact for Derrick J. Stewart
Issuer symbol
ONB
Transactions as of
15 Nov 2023
Net transactions value
+$87,503
Form type
4
Filing time
16 Nov 2023, 19:52:59 UTC
Previous filing
12 Apr 2023
Next filing
01 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ONB Common Stock Award $49,998 +3,331 +30% $15.01 14,312 15 Nov 2023 Direct F1, F2

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 $37,505 +2,502 +16% $14.99 17,811 15 Nov 2023 Common Stock 2,502 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents payment of the Reporting Person's 2023 annual director compensation, which is paid in the fourth quarter. The number of shares reported was determined by dividing the dollar value of the director compensation paid by the price shown.
F2 Between September 16, 2022 and September 15, 2023, the Reporting Person acquired 395 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 March 16, 2022 and September 15, 2023, the Reporting Person acquired 289 shares of Old National Bancorp common stock pursuant to the Dividend Reinvestment feature of the Plan.