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 | Sale | -$350K | -18.9K | -39.6% | $18.53 | 28.8K | Sep 13, 2024 | Common Stock | 18.9K | Direct | F1 |
Id | Content |
---|---|
F1 | 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. |
Shares were sold for estate planning and securities portfolio diversification purposes.