Phelps L. Lambert - Feb 15, 2022 Form 4 Insider Report for OLD NATIONAL BANCORP /IN/ (ONB)

Role
Director
Signature
/s/ Jeffrey L. Knight, Chief Government Relations Officer, as Attorney-in-Fact
Stock symbol
ONB
Transactions as of
Feb 15, 2022
Transactions value $
$0
Form type
4
Date filed
2/17/2022, 03:44 PM
Previous filing
Jan 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ONB Common Stock 124K Feb 15, 2022 Direct F1
holding ONB Common Stock 11.8K Feb 15, 2022 Spouse - Carol M Lambert F1
holding ONB Common Stock 1K Feb 15, 2022 Spouse - Carol M Lambert F2
holding ONB Common Stock 18.5K Feb 15, 2022 Direct 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
holding ONB Phantom Stock 39.6K Feb 15, 2022 Common Stock Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Phelps L. Lambert is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Shares held with a broker.
F2 Held in an IRA with a broker.
F3 Each share of phantom stock represents the right to receive one share of Issuer common stock or the cash value thereof.
F4 Shares of phantom stock are payable in cash following termination of the reporting person's employment with Issuer or reporting person becoming disabled. The reporting person may transfer his phantom stock account into an alternative investment account at any time.

Remarks:

The reporting person retired as a director of Issuer effective February 15, 2022 in connection with the merger of First Midwest Bancorp, Inc. into the Issuer. As a result, the reporting person is no longer subject to Section 16 in connection with transactions in the equity securities of Issuer.