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Share-Based Compensation (Tables) | 12 Months Ended
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Dec. 31, 2022
Share-Based Payment Arrangement [Abstract] |
Summary of Option Activity under 2003 Plan | A summary of option activity under the Horizon Bancorp 2003 Omnibus Equity Incentive Plan (“2003 Plan”) as of December 31, 2022, and changes during the year then ended, is presented below:
| Shares |  | Weighted– Average Exercise Price |  | Weighted– Average Remaining Contractual Term |  | Aggregate Intrinsic Value
Outstanding, beginning of year | 4,050 |  |  | $ | 7.49 |  |  |  |  |
Granted | — |  |  | — |  |  |  |  |
Exercised | (4,050) |  |  | 7.49 |  |  |  |  |
Forfeited | — |  |  | — |  |  |  |  |
Outstanding, end of year | — |  |  | — |  |  | 0 |  | $ | — |
Exercisable, end of year | — |  |  | — |  |  | 0 |  | — |
A summary of option activity under the 2013 Plan as of December 31, 2022, and changes during the year then ended, is presented below:
| Shares |  | Weighted– Average Exercise Price |  | Weighted– Average Remaining Contractual Term |  | Aggregate Intrinsic Value
Outstanding, beginning of year | 200,878 |  |  | $ | 14.46 |  |  |  |  |
Granted | — |  |  | — |  |  |  |  |
Exercised | (32,365) |  |  | 13.51 |  |  |  |  |
Forfeited | (500) |  |  | 16.76 |  |  |  |  |
Outstanding, end of year | 168,013 |  |  | 14.64 |  |  | 3.92 |  | $ | 339,389 |
Exercisable, end of year | 168,013 |  |  | 14.64 |  |  | 3.92 |  | 339,389 |
Summary of Status of Non-vested, Restricted and Performance Shares | A summary of the status of Horizon’s non–vested restricted and performance shares as of December 31, 2022 are presented below:
| Shares |  | Weighted Average Grant Date Fair Value
Non–vested, beginning of year | 423,309 |  |  | $ | 14.78 |
Vested | (97,014) |  |  | 16.63 |
Granted | 220,073 |  |  | 19.90 |
Forfeited | (25,909) |  |  | 14.31 |
Non–vested, end of year | 520,459 |  |  | 16.45 |

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- Definition Tabular disclosure of the changes in outstanding nonvested shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
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- Definition Tabular disclosure of activity for award under share-based payment arrangement. Includes, but is not limited to, outstanding award at beginning and end of year, granted, exercised, forfeited, and weighted-average grant date fair value. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901 + Details
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