Sec Form 4 Filing - RISINGER JAMES A @ OLD NATIONAL BANCORP /IN/ - 2004-02-26

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
RISINGER JAMES A
2. Issuer Name and Ticker or Trading Symbol
OLD NATIONAL BANCORP /IN/ [ ONB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
CHAIRMAN AND CEO
(Last) (First) (Middle)
411 SANDALWOOD DR
3. Date of Earliest Transaction (MM/DD/YY)
02/26/2004
(Street)
EVANSVILLE, IN47715
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 02/26/2004 A 29,000 A $ 0 57,231.566 D
COMMON STOCK 23,598.676 I ONB EMPLOYEE SAVINGS AND PROFIT SHARING PLAN
COMMON STOCK 719.25 D ( 1 )
COMMON STOCK 551.25 D ( 1 )
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. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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 Security: 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 $ 22.7967 02/01/2002( 2 ) 06/27/2011 COMMON STOCK 184,640 184,640 D
EMPLOYEE STOCK OPTION $ 22.7967 06/27/2001( 3 ) 06/27/2011 COMMON STOCK 50,752 50,752 D
EMPLOYEE STOCK OPTION $ 21.6145 01/22/2003( 4 ) 01/22/2012 COMMON STOCK 219,398 219,398 D
EMPLOYEE STOCK OPTION $ 21.7143 01/31/2004( 5 ) 01/31/2013 COMMON STOCK 119,536 119,536 D
EMPLOYEE STOCK OPTION $ 21.45 12/31/2004( 6 ) 02/02/2014 COMMON STOCK 29,000 29,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
RISINGER JAMES A
411 SANDALWOOD DR
EVANSVILLE, IN47715
CHAIRMAN AND CEO
Signatures
JEFFREY L KNIGHT, SENIOR VICE PRESIDENT & GENERAL COUNSEL, AS ATTORNEY-IN-FACT 03/01/2004
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Held with a broker.
( 2 )Vests in 4 equal annual installments beginning on 2/1/2002. Subject to accelerated vesting in certain circumstances.
( 3 )Immediately exercisable.
( 4 )Vests in 4 equal annual installments beginning on 1/22/2003. Subject to accelerated vesting in certain circumstances.
( 5 )Vests in 4 equal annual installments beginning on 1/31/2004. Subject to accelerated vesting in certain circumstances.
( 6 )Vests 100% on December 31, 2004.

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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.