NEW JERSEY RESOURCES CORP — Director's Dealing 2013

Dec 19, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEW JERSEY RESOURCES CORP (NJR)
CIK: 0000356309
Period of Report: 2013-12-19

Reporting Person: Ellis Kathleen T (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-12-19	Common Stock	A	2034	$45.46	Acquired	29347.522	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-12-19	Performance Shares	$	A	2090	Acquired	2016-09-30	Common Stock (2090.0)	Direct
2013-12-19	Performance Shares	$	A	1526	Acquired	2016-09-30	Common Stock (1526.0)	Direct

Footnotes

F1: Represents shares of restricted stock granted pursuant to the New Jersey Resources Corporation (NJR) 2007 Stock Award and Incentive Plan. Shares will vest in three equal installments on October 15, 2014, October 15, 2015 and October 15, 2016, subject to the continued employment of the reporting person by NJR, except under certain conditions.

F2: Total includes shares held in the NJR 401(k) Plan that are accounted for on a unitized basis that reflects a calculated value, and shares purchased through the NJR Dividend Reinvestment Plan (DRP).

F3: Represents performance shares granted pursuant to the NJR 2007 Stock Award and Incentive Plan. Performance shares will be vested and non-forfeitable upon certification by the Leadership Development and Compensation Committee that the applicable performance goals for the 33 month period ending September 30, 2016 have been met.

F4: Represents performance shares granted pursuant to the NJR 2007 Stock Award and Incentive Plan. Performance shares will become vested and non-forfeitable upon certification by the Leadership Development and Compensation Committee that the applicable performance goals for the 36 month period ending September 30, 2016, have been met.