NEW JERSEY RESOURCES CORP — Director's Dealing 2014

Dec 16, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEW JERSEY RESOURCES CORP (NJR)
CIK: 0000356309
Period of Report: 2014-12-15

Reporting Person: DUGAN MARIELLEN (Sr. V.P. & General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-12-15	Common Stock	M	4500	$28.65	Acquired	17573.567	Direct
2014-12-15	Common Stock	S	4500	$57.915	Disposed	13073.567	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-12-15	Options (Right-to-Buy)	$28.65	M	4500	Disposed	2015-12-05	Common Stock (4500.0)	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $57.65 to $58.35. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and prices at which the transaction was effected.

F2: Price and number of options reflect change due to 3 for 2 stock split as of March 3, 2008.

F3: Options were exercisable 25% each year beginning on the first anniversary date of the grant, which was December 5, 2006.