William Jefferson Jr. - Jul 1, 2022 Form 4 Insider Report for NISOURCE INC. (NI)

Role: EVP Operations & CSO
Signature: /s/ Kimberly V. Loies, Attorney-in-Fact
Stock symbol: NI
Transactions as of: Jul 1, 2022
Transactions value $: $942,488
Form type: 4
Date filed: 7/5/2022, 05:56 PM
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	$142K	+4.74K		$30.05	4.74K	Jul 1, 2022	Direct	F1
transaction	NI	Common Stock	Award	$800K	+26.6K	+561.41%	$30.05	31.4K	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, 50% of the RSUs will vest on July 1, 2023, and the remaining 50% will vest on July 1, 2024, provided that the reporting person is continuously employed by the Company through each such date.

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.

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, 50% of the RSUs will vest on July 1, 2023, and the remaining 50% will vest on July 1, 2024, provided that the reporting person is continuously employed by the Company through each such date.