form4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of
1934, Section 17(a) of the Public Utility Holding Company Act of
1935 or Section 30(h) of the Investment Company Act of 1940


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Check this box if no longer
subject to Section 16. Form 4 or
Form 5 obligations may continue.
See Instruction 1(b).

(Print or Type Responses)

1. Name and Address of Reporting Person*

Poelker, John S.

2. Issuer Name and Tickler or Trading Symbol

Old National Bancorp ONB

6. Relationship of Reporting Person(s) to Issuer
                  (Check all applicable)

 

Director

 

10% Owner

X 

Officer (give title below)

 

Other (specify below)

Executive Vice President Chief Financial Officer  

(Last)        (First)       (Middle)

2266 Highway 261

3. I.R.S. Identification Number of
    Reporting Person, if an entity
    (voluntary)

4. Statement for Month/Day/Year

February 24, 2003

7. Individual or Joint/Group Filing (Check Applicable Line)

5. If Amendment, Date of
    Original (Month//Day/Year)

 X

Form filed by One Reporting Person

(Street)
Newburgh, IN 47630

 

Form filed by More than One Reporting Person

(City)          (State)      (Zip)

Table I ¾ Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security
    (Instr. 3)

2. Transaction Date (Month/

Day/Year)

2A. Deemed Execution Date, if any

(Month/Day/

Year)

3. Transaction
    Code
    (Instr.8)

4. Securities Acquired (A)
    or Disposed of (D)
    (Instr. 3, 4 and 5)

5. Amount of Securities Beneficially Owned Following Reported Transaction(s)


      (Instr. 3 and 4)

6. Ownership
    Form: Direct
    (D) or
    Indirect (I)
    (Instr. 4)

7. Nature of
    Indirect
    Beneficial
    Ownership

    (Instr. 4)

Code

V

Amount

 (A)

or
 (D)

Price

Common stock

                

3,140.916

D

  

Common stock

3,827.250

D1

Common stock

1,362.391

I2

                       
                       
                       
                       
                       
                       
                       
                       
                       
                       

D John Poelker

                     

D1 John Poelker broker held IRA Trust Dept

                      

I2 ONB Emp Savings and Profit Sharing Plan

                     

FORM 4 (continued)

Table II ` Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of
    Derivative
    Security
    (Instr. 3)

2. Con-version
   or Exercise
Price of
Deriv-ative
Security

3. Trans- action Date (Month/

Date/

Year)

3A. Deemed Execution Date, if any

(Month/

Date/Year)

4. Transaction
    Code
    (Instr.8)

5. Number of
    Derivative
    Securities
    Acquired (A)
    or Disposed
    of (D)
    (Instr. 3, 4
    and 5)

6. Date Exercisable
   and Expiration Date
   (Month/Day/Year)

7. Title and Amount of
    Underlying Securities
    (Instr. 3 and 4)

8. Price of
    Derivative
    Security
    (Instr. 5)

9. Number of Derivative
Securities
Beneficially
Owned Following Reported Transaction(s)

    (Instr. 4)

10. Ownership
      Form of
      Derivative
      Securities:
      Direct (D)

or Indirect

(I)
      (Instr. 4)

11. Nature of
      Indirect
      Beneficial
      Ownership
      (Instr. 4)
   

Code

V

(A)

(D)

Date
Exercisable

Expiration
Date

Title

Amount or
Number of
Shares

Employee Stock Option

Right to Buy

$23.9365

6/27/01

  

A

V

78,057

  

(1)

6/27/2011

common stock

78,057

N/A

78,057

Direct (D)

  
                               

Employee Stock Option

Right to Buy

$23.9365

6/27/01

  

A

V

15,591

  

(2)

6/27/2011

common stock

15,591

N/A

15,591

Direct (D)

  
                               

Employee Stock Option

Right to Buy

$22.6952

1/22/02

  

A

V

87,150

  

(3)

1/22/2012

common stock

87,150

N/A

87,150

Direct (D)

  
                               

Employee Stock Option

Right to Buy

$22.8000

1/31/03

  

A

V

110,000

  

(4)

1/31/2013

common stock

110,000

N/A

110,000

Direct (D)

  
                               
                               
 

Explanation of Responses:

(1) The Option vests in 4 equal annual installments beginning on February 1, 2002.* (*) Subject to Accelerated Vesting in Certain Circumstances.

(2) The Option is Immediately Exercisable.

(3) The Option vests in 4 equal annual installments beginning on January 22, 2003.* (*) Subject to accelerated Vesting in Certain Circumstances.
(4) The Option vests in 4 equal annual installments beginning on January 31, 2004.* (*) Subject to accelerated Vesting in Certain Circumstances.

 

 

 

          

   

**Signature of Reporting Person

Date
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

*

If the form is filed by more than one reporting person, see Instruction 4(b)(v).

**

Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
 

See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note:

File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Last Update: 09/05/2002