Melody Birmingham - Jul 1, 2022 Form 4 Insider Report for NISOURCE INC. (NI)

Role
EVP & Chief Innovation Officer
Signature
/s/ Kimberly V. Loies, Attorney-in-Fact
Stock symbol
NI
Transactions as of
Jul 1, 2022
Transactions value $
$1,411,839
Form type
4
Date filed
7/5/2022, 05:53 PM
Previous filing
May 9, 2022
Next filing
Jan 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NI Common Stock Award $250K +8.32K $30.05 8.32K Jul 1, 2022 Direct F1
transaction NI Common Stock Award $1.16M +38.7K +464.77% $30.05 47K Jul 1, 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.