James A. Sandgren - Mar 1, 2024 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
Mar 1, 2024
Transactions value $
-$85,188
Form type
4
Date filed
3/5/2024, 05:20 PM
Previous filing
Feb 26, 2024
Next filing
Mar 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ONB Common Stock Award $0 +37.6K +13.3% $0.00 320K Mar 1, 2024 Direct F1
transaction ONB Common Stock Tax liability -$44.3K -2.7K -0.84% $16.39 317K Mar 1, 2024 Direct F2
transaction ONB Common Stock Tax liability -$41.9K -2.56K -0.81% $16.39 315K Mar 2, 2024 Direct F2
holding ONB Common Stock 6.76K Mar 1, 2024 ONB Employee Stock Ownership and Savings Plan

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 Executive Deferred Compensation Plan Award $958 +59 +0.25% $16.24 23.5K Mar 4, 2024 Common Stock 59 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a restricted stock award granted in 2024.
F2 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 restricted stock award.
F3 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.