Michael Luhrs - 24 Jan 2024 Form 4 Insider Report for NISOURCE INC. (NI)

Signature
/s/ Kimberly S. Cuccia, Attorney-in-Fact
Issuer symbol
NI
Transactions as of
24 Jan 2024
Net transactions value
+$270,005
Form type
4
Filing time
26 Jan 2024, 17:13:31 UTC
Previous filing
29 Mar 2023
Next filing
24 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NI Common Stock Award $270,005 +10,723 +53% $25.18 30,824 24 Jan 2024 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 26, 2027 provided that the reporting person is continuously employed by the Company through and including that date.
F2 Includes shares acquired through the NiSource Inc. Employee Stock Purchase Plan through December 31, 2023.