NEW JERSEY RESOURCES CORP — Director's Dealing 2014

Oct 17, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEW JERSEY RESOURCES CORP (NJR)
CIK: 0000356309
Period of Report: 2014-10-15

Reporting Person: Westhoven Stephen D (Senior V.P., Subsidiary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-10-15	Common Stock	A	4267	$52.78	Acquired	25882.025	Direct
2014-10-15	Common Stock	F	1128	$52.78	Disposed	24754.025	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-10-15	Deferred Stock Units	$	M	4267	Disposed		Common Stock (4267.0)	Direct

Footnotes

F1: Total includes accrued dividends of 679.631 shares of New Jersey Resources Corporation (NJR) Common Stock held in NJR Dividend Reinvestment Plan (DRP).

F2: Total includes shares held in the NJR Employee Stock Ownership Plan (ESOP) and 401(k) Plan which were previously accounted for on a unitized basis reflecting a calculated value. Effective April 11, 2014, these funds were converted to hold only shares of NJR Common Stock. Each includes reinvested dividends through the NJR Dividend DRP.

F3: Each deferred stock unit represents a contingent right to receive one share of New Jersey Resources common stock.

F4: Deferred stock unit award is payable subject to certain conditions on October 15, 2014.