Ownership Submission
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 OF SECURITIES

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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(Print or Type Responses)
1. Name and Address of Reporting Person *
Ellspermann Caroline J
  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)
PRESIDENT - WEALTH MANAGEMENT
(Last)
(First)
(Middle)
ONE MAIN ST
3. Date of Earliest Transaction (Month/Day/Year)
04/28/2015
(Street)

EVANSVILLE, IN 47708
4. If Amendment, Date Original Filed(Month/Day/Year)
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 (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 02/01/2016   D V 2,999 D $ 11.67 63,282 D  
COMMON STOCK 02/01/2016   F V 1,890 A $ 11.67 65,172 D  
COMMON STOCK 02/26/2016   D V 11,251 D $ 11.38 53,921 (1) D  
COMMON STOCK               1,444 D (2)  
COMMON STOCK               6,337 D (3)  
COMMON STOCK               5,353 I CAROLINE ELLSPERMAN - ONB KSOP (4)
COMMON STOCK               5,780 I KENNETH ELLSPERMAN - ONB KSOP (4)
COMMON STOCK 02/01/2016   D V 1,083 D $ 11.67 19,232 I KENNETH ELLSPERMAN
COMMON STOCK 02/01/2016   F V 682 A $ 11.67 19,914 (6) I KENNETH ELLSPERMAN

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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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/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 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 $ 21.65             02/01/2007(5) 02/24/2016 COMMON STOCK 8,700   8,700 D  
EMPLOYEE STOCK OPTION $ 18.43             01/25/2008 01/25/2017 COMMON STOCK 12,300   12,300 D  
EMPLOYEE STOCK OPTION $ 15.29             02/01/2009 01/24/2018 COMMON STOCK 12,000   12,000 D  
EMPLOYEE STOCK OPTION $ 13.31             02/01/2010 01/29/2019 COMMON STOCK 7,000   7,000 D  
PHANTOM STOCK (9) $ 13.59 (7) 04/28/2015   P   8,889     (8)   (8) COMMON STOCK 8,889 (7) $ 13.59 8,889 (8) I KENNETH ELLSPERMANN
PHANTOM STOCK $ 14.43 (7) 06/16/2015   J V 74     (8)   (8) COMMON STOCK 74 (7) $ 14.43 8,963 (8) I KENNETH ELLSPERMANN
PHANTOM STOCK $ 14.17 (7) 09/15/2015   J V 76     (8)   (8) COMMON STOCK 76 (7) $ 14.17 9,039 (8) I KENNETH ELLSPERMANN
PHANTOM STOCK $ 13.8 (7) 12/15/2015   J V 79     (8)   (8) COMMON STOCK 79 (7) $ 13.8 9,118 (8) I KENNETH ELLSPERMANN
PHANTOM STOCK $ 11.9 (7) 03/15/2016   J V 100     (8)   (8) COMMON STOCK 100 (7) $ 11.9 9,217 (8) I KENNETH ELLSPERMANN
PHANTOM STOCK $ 12.16 (7) 04/04/2016   P   52     (8)   (8) COMMON STOCK 52 (7) $ 12.16 9,269 (8) I KENNETH ELLSPERMANN

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Ellspermann Caroline J
ONE MAIN ST
EVANSVILLE, IN 47708
      PRESIDENT - WEALTH MANAGEMENT  

Signatures

 JEFFREY L KNIGHT, EXECUTIVE VP AND CHIEF LEGAL COUNSEL, AS ATTORNEY-IN-FACT   04/05/2016
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Includes 24,000 restricted stock units, 5,418 restricted stock shares and 24,503 shares of common stock. Fractional amounts have been rounded to the nearest whole number.
(2) Registered as Caroline Ellspermann IRA - held by broker.
(3) Registered as joint tenants - Kenneth and Caroline Ellspermann - held by broker.
(4) KSOP Shares updated to include current balance.
(5) Immediately exercisable.
(6) Includes 15,375 restricted stock units, 3,542 restricted stock shares and 997 shares of common stock.. Fractional amounts have been rounded to the nearest whole number.
(7) Each share of phantom stock represents the right to receive one share of ONB common stock or the cash value thereof.
(8) Shares of phantom stock are payable in cash following termination of the reporting person's employment with ONB or reporting person becoming disabled. The reporting person may transfer his phantom stock account into an alternative investment account at any time.
(9) Due to an inadvertent administrative error, the reporting of the 4/28/2015, 6/16/2015, 9/15/2015, and 12/15/2015 transactions were not timely filed.

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