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

Role: Director
Signature: /s/ Kimberly V. Loies, Attorney-in-Fact
Issuer symbol: NI
Transactions as of: 28 Jan 2022
Net transactions value: +$899,965
Form type: 4
Filing time: 01 Feb 2022, 17:41:00 UTC
Previous filing: 05 Jan 2022
Next filing: 16 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NI	Common Stock	Award	$899,965	+30,747	+132%	$29.27	54,106	28 Jan 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.