NEW JERSEY RESOURCES CORP — Director's Dealing 2014

Jan 3, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEW JERSEY RESOURCES CORP (NJR)
CIK: 0000356309
Period of Report: 2014-01-02

Reporting Person: STRANGE J TERRY (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-01-02	Phantom Stock Units	$	A	1584	Acquired		Common Stock (1584.0)	Direct

Footnotes

F1: Each Phantom Stock Unit is the economic equivalent of one (1) share of New Jersey Resources Corporation (NJR) Common Stock.

F2: The Phantom Stock Units represent director fees that are deferred pursuant to the NJR Directors Deferred Compensation Plan and are to be paid in NJR Common stock in a single sum payment as of January 2019 or when Mr. Strange ceases to be a director .

F3: Total includes accrued dividends of 204.873 shares of NJR Common Stock held in NJR's Dividend Reinvestment Plan.