Kabat Kevin T - May 23, 2023 Form 4 Insider Report for NISOURCE INC. (NI)

Role: Director
Signature: /s/ Kimberly S. Cuccia, Attorney-in-Fact
Stock symbol: NI
Transactions as of: May 23, 2023
Transactions value $: $165,008
Form type: 4
Date filed: 5/25/2023, 04:40 PM
Previous filing: Jan 13, 2023
Next filing: May 30, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NI	Common Stock	Award	$165K	+6.03K	+13.25%	$27.36	51.6K	May 23, 2023	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Represents an award of restricted stock units ("RSU") granted as part of the non-employee director's annual compensation and which vests in full on the last day of the director's annual term for which the RSUs are awarded, subject to certain acceleration conditions. RSUs represent a contingent right to receive one share of the Company's common stock upon vesting pursuant to the Company's 2020 Omnibus Plan.
F2	This amount includes RSUs received pursuant to the dividend equivalent provisions of the RSU awards, and which are subject to the same vesting conditions as the underlying RSUs.

Content

Represents an award of restricted stock units ("RSU") granted as part of the non-employee director's annual compensation and which vests in full on the last day of the director's annual term for which the RSUs are awarded, subject to certain acceleration conditions. RSUs represent a contingent right to receive one share of the Company's common stock upon vesting pursuant to the Company's 2020 Omnibus Plan.

This amount includes RSUs received pursuant to the dividend equivalent provisions of the RSU awards, and which are subject to the same vesting conditions as the underlying RSUs.

Remarks:

Exhibit 24 - Power of Attorney