Melody Birmingham - 01 Jul 2022 Form 4 Insider Report for NISOURCE INC. (NI)

Role
EVP & Chief Innovation Officer
Signature
/s/ Kimberly V. Loies, Attorney-in-Fact
Issuer symbol
NI
Transactions as of
01 Jul 2022
Net transactions value
+$1,411,839
Form type
4
Filing time
05 Jul 2022, 17:53:04 UTC
Previous filing
09 May 2022
Next filing
27 Jan 2023
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 $249,986 +8,319 $30.05 8,319 01 Jul 2022 Direct F1
transaction NI Common Stock Award $1,161,853 +38,664 +465% $30.05 46,983 01 Jul 2022 Direct 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.
F2 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, 40% of the RSUs will vest on 7/1/2023 and the remaining 60% will vest on 7/1/2024, provided that the reporting person is continuously employed by the Company through each such date.