Company: ONBPP
Filing Date: 2025-01-29
Form Type: S-4/A
Source: 0001104659-25-007256
Chunk: 156

Company: OLD NATIONAL BANCORP /IN/
Filing Date: 2025-01-29
Form: S-4/A
Chunk 156
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 call “put events”, each holder of Bremer Class A common stock has the right, which we call the “put option to Bremer”, to require Bremer or Bremer’s assignee to repurchase all shares of Bremer Class A common stock then owned. The put option to Bremer arises from the following put events:                                                                                                                                            
 for a shareholder who is a former Bremer ESOP participant, at the affirmative election of the shareholder anytime within 15 months after each distribution of Bremer Class A common stock from the Bremer ESOP to such former participant, except that the put option to Bremer only applies to the Bremer Class A common stock received pursuant to such distribution (a “Bremer ESOP distribution put event”); and                                                                                        
 for any shareholder of Bremer Class A common stock who is a Bremer employee, upon the death, “permanent disability” or retirement at “normal retirement age” ​(both as defined in the Bremer ESOP) of such shareholder’s Bremer Class A common stock (a “death, disability or retirement put                                                                                                                                                                                                                | ​ | ​ | ​                                | ​ |

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SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT OF BREMER The table below sets forth certain information with respect to the beneficial ownership of the Bremer common stock as of December 31, 2024, by each shareholder who is known by Bremer to own beneficially more than 5% of the outstanding shares of Bremer Class A common stock or Bremer Class B common stock, by each member of the Bremer board of directors, by the Otto Bremer Trust and by each executive officer of Bremer. Beneficial ownership has been determined in accordance with the rules of the SEC. There are no shares of Bremer common stock subject to stock options that are exercisable currently or become exercisable within sixty (60) days.

| Title of Class       | ​ | ​ | Name and Address ofBeneficial Owner | ​ | ​ | Position withBremer                             | ​ | ​ | Number ofShares | ​ | ​ | Percentageof Class | ​ |
| Class A common stock | ​ | ​ | Otto Bremer Trust                   
 30 E. 7th Street Suite 2900         
 St. Paul, Minnesota 55101           | ​ | ​ | ​                                               | ​ | ​ |         240,000 | ​ | ​ | 12.47%             | ​ |
|