Michael Luhrs - Jan 22, 2025 Form 4 Insider Report for NISOURCE INC. (NI)

Role
EVP, Strategy & Risk & CCO
Signature
/s/ Ashley Bancroft, Attorney-in-Fact
Stock symbol
NI
Transactions as of
Jan 22, 2025
Transactions value $
$2,292,490
Form type
4
Date filed
1/24/2025, 04:19 PM
Previous filing
Jan 26, 2024
Next filing
Mar 31, 2025
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 $292K +7.74K +24.48% $37.78 39.4K Jan 22, 2025 Direct F1
transaction NI Common Stock Award $2M +52.9K +134.47% $37.78 92.3K Jan 22, 2025 Direct F2, F3
* 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 29, 2028, 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 22, 2026, 33% on January 22, 2027, and 34% on January 22, 2028, provided that the reporting person is continuously employed by the Company through and including those dates.
F3 Includes shares acquired through the NiSource Inc. Employee Stock Purchase Plan.