Shawn Anderson - 24 Jan 2024 Form 4 Insider Report for NISOURCE INC. (NI)

Role
EVP & CFO
Signature
/s/ Kimberly S. Cuccia, Attorney-in-Fact
Issuer symbol
NI
Transactions as of
24 Jan 2024
Net transactions value
+$2,292,463
Form type
4
Filing time
26 Jan 2024, 17:18:43 UTC
Previous filing
28 Mar 2023
Next filing
01 Mar 2024
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 $292,466 +11,615 +17% $25.18 79,183 24 Jan 2024 Direct F1
transaction NI Common Stock Award $1,999,997 +79,428 +100% $25.18 158,611 24 Jan 2024 Direct F2, F3
holding NI Common Stock 763 24 Jan 2024 401(k) F4
* 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 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 vest 33% on January 24, 2025, 33% on January 24, 2026, and 34% on January 24, 2027, provided that the reporting person is continuously employed by the Company through and including those dates.
F3 Includes shares acquired through dividend reinvestments.
F4 Constitutes shares acquired through the NiSource Inc. Retirement Savings Plan through January 24, 2024.