The Old National Bancorp Stock Purchase & Dividend Reinvestment Plan

As part of our continuing effort to provide quality service to our current and future investors, we are proud to offer The Old National Bancorp Stock Purchase and Dividend Reinvestment Plan ("Plan"). Old National has appointed Continental Stock Transfer & Trust Company to act as the Plan Administrator. Whether you are a current shareholder or an investor purchasing shares for the first time, the Plan offers you a convenient and economical way to purchase shares of Old National Bancorp no par value common stock with cash investments and all or a portion of their dividends.

Features

  • Investors can open an account with an initial purchase of as little as $500 or as much as $15,0001 per month. With the automatic monthly investment feature of the Plan, however, you can enroll for as little as $25.
  • Participants can then purchase additional shares of common stock from $25 per month to a maximum of $15,0001 per month.
  • Investors can reinvest all or a portion of their dividends to purchase additional shares of common stock.
  • Investors can conveniently gift shares of Old National Bancorp common stock to others through the Plan.
  • Investors will benefit from full investment of any funds contributed to the Plan since fractional shares of common stock are credited to participant accounts.
  • Investors can sell shares of common stock held in their Plan account each week directly through Old National Bancorp for $.15 per share transaction charge, plus any applicable brokerage fees.

This portion of the ONB Website contains only a summary of the provisions of the Old National Bancorp Stock Purchase & Dividend Reinvestment Plan. Details of the terms and conditions of the Plan including charges and expenses are contained in the Prospectus. This portion of the ONB Website should be read in conjunction with the Prospectus and does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any such offer or solicitation is made only by the Prospectus and only in states where it is lawful. Please read the Prospectus carefully before you invest.


Participation

Any interested investor can participate in the Plan. Whether you are a new investor or a current shareholder looking to add to your Plan account, you can purchase shares of Old National Bancorp common stock directly from the company by completing and returning the appropriate enrollment information.

Initial Investment

The Plan's minimum initial investment is $500 and the maximum initial investment is $15,0001 per month. With the automatic monthly investment feature of the Plan, however, you can enroll for as little as $25 and experience the added convenience of regular monthly share purchases via electronic debits from your checking or savings account. No fee is charged for the Automatic Monthly Investment feature.

Additional Investments

Additional stock purchases must be at least $25 per transaction, and not more than $15,0001 per month (inclusive of the initial investment).

Purchase Dates

Plan purchases for an initial or optional cash investment will occur on the 5th and 20th day of each month or, if such day is not a business day, the next business day. The Plan Administrator must receive your cash investment at least two business days prior to a purchase date. If not received prior to a purchase date, your cash investment will be held until the next purchase date. If you enroll in the automatic monthly investment program, funds are drafted from your account on the 25th day of each month, or the previous business day, and then invested at the next purchase period.

Reinvestment of Dividends

Through the Plan, you can maximize your investment in the company by automatically reinvesting your Old National Bancorp dividends in additional shares. Shares of common stock purchased through the Plan will post automatically to your account for safekeeping. If you prefer cash dividends, you can receive them by check or have them deposited directly into your bank account. You may also choose a combination of dividend reinvestment and cash distributions by selecting the partial dividend reinvestment option on the enrollment form.

Certificate Safekeeping

Your stock certificates are valuable and expensive to replace if lost or stolen. The Plan Administrator offers you the convenience of depositing your certificates for safekeeping at no additional charge. To deposit physical certificates, mail them to Continental Stock Transfer & Trust Company, Attn: Dividend Reinvestment Plan Department, 1 State Street, 30th Floor, New York, NY 10004-1561, along with a note instructing us to deposit the shares into book-entry form. Do not endorse the certificate(s). We recommend using Certified Mail and insuring them for 3% of the market value of the certificates.

Account Statements

You will receive a statement of your Plan account activity following any purchase, sale, transfer, or withdrawal. During months in which dividends are paid, you will receive only one statement, which will include all relevant investment and dividend information. Please retain this statement for tax purposes.

Sales

You can sell Old National Bancorp common stock held in your Plan account through the Plan Administrator for a fee of only $.15 per share plus any applicable brokerage fees. Sale trades are placed once each week. To request a sale, simply complete and return the top portion of your account statement to the Plan Administrator.

1See Plan Prospectus (Questions 13 and 14) for details pertaining to request for Waiver purchases in excess of $15,000.


Enrollment

To obtain a prospectus, enrollment form or a request for waiver form, click on the links below.


Download Prospectus

Download Enrollment Form

Download Request for Waiver
Continental Stock Transfer & Trust Company
1 State Street, 30thFloor
New York, NY 10004-1561

If you have questions, please call Continental Stock Transfer & Trust Company at (800) 677-1749 or Click Here to have an enrollment packet mailed to you.


Common shares of Old National Bancorp offered through the Plan are not insured or guaranteed by the FDIC or any other governmental agency, are not deposits or obligations of any bank, are not guaranteed by any bank and involve investment risk including possible loss of principal.
Click Here to receive more information from Old National Bancorp.