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: LOCKWOOD GLENN C (Executive V.P. & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-10-15	Common Stock	F	244	$52.78	Disposed	67552.821	Direct
2014-10-15	Common Stock	A	2415	$52.78	Acquired	69967.821	Direct
2014-10-15	Common Stock	F	638	$52.78	Disposed	69329.821	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-10-15	Deferred Stock Units	$	M	2415	Disposed		Common Stock (2415.0)	Direct

Footnotes

F1: Total includes accrued dividends of 2,098.911 shares of New Jersey Resources Corporation (NJR) Common Stock held in the NJR Dividend Reinvestment Plan (DRP).

F2: Total includes shares held outright, shares held in NJR's compensation deferral plan and shares held in NJR's Employee Stock Ownership Plan (ESOP) and 401(k) Plan that 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 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.