Company: ONBPP
Filing Date: 2025-04-04
Form Type: DEF 14A
Source: 0001558370-25-004483
Chunk: 85

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-04-04
Form: DEF 14A
Chunk 85
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 of such NEO’s vested benefits, all unvested performance share units and service-based restricted stock will automatically vest. For any service-based restricted stock awards, the restriction period will be deemed to end on the date of death, resulting in accelerated vesting of any remaining unvested balance of the award as of that date. For any performance share unit awards, the performance share units covered by the award will be deemed earned at target and vested upon an NEO’s death during the performance period. If an NEO dies after the end of the applicable performance period but before the subsequent regular vesting (and share distribution) date for that award, the NEO’s beneficiary will be entitled to the performance share units at the greater of target performance or actual performance determined on the regular vesting date after the end of the performance period, as if the NEO had remained employed through such date. In the event of a Current NEO’s employment termination due to disability, in addition to payment of the NEO’s vested benefits, such NEO will be treated as if he or she had continued employment through the end of the applicable service vesting or performance periods (and until the regular vesting date after the end of the performance period) for both service-based restricted stock and performance share units. Service-based restricted stock will continue to vest in accordance with its original schedule as if the NEO had remained employed. Any performance share units will be deemed earned (if performance conditions are met), and will be vested and paid out in shares, on the regular vesting date after the end of the performance period, also as if the NEO had remained employed for such period.

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 Name                | ​ 
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 Restricted Stock Awards 
                  Number | ​ 
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     Value | ​ 
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 Performance Share Units 
                  Number | ​ 
 ​ |         ​ 
     Value | ​ 
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   Medical/Life & 
 Outplacement (1) | ​ 
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      Total |
|:--------------------|:--|------------------------:|:--|----------:|:--|------------------------:|:--|----------:|:--|-----------------:|:--|-----------:|
| James C. Ryan, III  | ​ |                 188,371 | $ | 4,089,535 |