FORM 4

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: January 31, 2005
Estimated average burden
hours per response...0.5

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)

Poelker, John S.

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  

2266 Highway 261

March 17, 2003

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

 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

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

or
 (D)

Price

Common stock

03/17/03

J

V

27.467

A

N/A

3,168.383

D

Common stock

3,827.000

D1

Common stock

1,943.327

I2

J 1Q2003 Cash Dividend Full Reinvestment

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)

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)

    (Instr. 4)

Code

V

(A)

(D)

Date
Exercisable

Expiration
Date

Title

Amount or
Number of
Shares

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)

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)

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)

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)

(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.