Lloyd M. Yates - Jan 28, 2022 Form 4 Insider Report for NISOURCE INC. (NI)

Role: Director
Signature: /s/ Kimberly V. Loies, Attorney-in-Fact
Stock symbol: NI
Transactions as of: Jan 28, 2022
Transactions value $: $899,965
Form type: 4
Date filed: 2/1/2022, 05:41 PM
Previous filing: Jan 5, 2022
Next filing: Feb 16, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NI	Common Stock	Award	$900K	+30.7K	+131.63%	$29.27	54.1K	Jan 28, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock pursuant to the NiSource Inc. 2020 Omnibus Incentive Plan. Subject to certain forfeiture conditions, the RSUs will 100% vest on February 28, 2025 provided that the reporting person is continuously employed by the Company through and including that date. This award was granted in connection with his appointment as President and CEO effective February 14, 2022.
F2	This amount includes RSUs received pursuant to the dividend equivalent provisions of his director RSU award from May 2021.

Content

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock pursuant to the NiSource Inc. 2020 Omnibus Incentive Plan. Subject to certain forfeiture conditions, the RSUs will 100% vest on February 28, 2025 provided that the reporting person is continuously employed by the Company through and including that date. This award was granted in connection with his appointment as President and CEO effective February 14, 2022.

This amount includes RSUs received pursuant to the dividend equivalent provisions of his director RSU award from May 2021.