SEC Form 4 · accession 0001127602-18-002780
NISOURCE INC. · NI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Hamrock
Officer — Director, and President & CEO · Director
Period of report
Jan 26, 2018
Accepted (ET)
Jan 29, 2018 · 4:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001111711
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 26, 2018 | A | 35,102 | $24.50 | A | 358,649 | D | |
| Common StockF3 | holding | — | — | — | 3,823 | I | 401(k) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock pursuant to the NiSource Inc. 2010 Omnibus Incentive Plan. Subject to certain forfeiture conditions, the RSUs will 100% vest on February 26, 2021 provided that the reporting person is continuously employed by the Company through and including that date.
- F2This figure has been reduced by (1) 118,991 shares underlying the performance share units ("PSUs") granted to the reporting person on January 29, 2016, and (2) 136,178 shares underlying the PSUs granted to the reporting person on January 27, 2017. These PSUs were previously reported on Forms 4 as beneficially owned by the reporting person. However, the vesting of these PSUs is subject to the satisfaction and confirmation of performance measures not based solely on the market price of the Common Stock. As such, the reporting person may not be deemed to beneficially own these PSUs until the performance measures are satisfied and confirmed.
- F3Constitutes shares acquired though the NiSource Inc. Retirement Savings Plan through January 26, 2018.