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NEW JERSEY RESOURCES CORP — Director's Dealing 2015
Dec 14, 2015
31045_dirs_2015-12-14_3af499d6-ea00-4bc0-8db1-52725a4b27e9.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NEW JERSEY RESOURCES CORP (NJR)
CIK: 0000356309
Period of Report: 2015-12-14
Reporting Person: Kosierowski Stanley M (President, Subsidiaries)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-12-14 | Common Stock | A | 2491 | — | Acquired | 26804.098 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-12-14 | Deferred Stock Units | $ | A | 2498 | Acquired | Common Stock (2498.0) | Direct | |
| 2015-12-14 | Performance Shares | $ | A | 1483 | Acquired | Common Stock (1483.0) | Direct | |
| 2015-12-14 | Performance Shares | $ | A | 1245 | Acquired | Common Stock (1245.0) | 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, 2016, October 15, 2017, and October 15, 2018, subject to the continued employment of the reporting person by NJR, except under certain conditions.
F2: Each deferred stock unit represents a contingent right to receive one share of New Jersey Resources Corporation common stock.
F3: Deferred stock unit award is payable subject to certain conditions on October 15, 2018.
F4: 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 total shareholder return performance goal for the 36 month period ending September 30, 2018 has been met.
F5: 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 net financial earnings performance goal for the 36 month period ending September 30, 2018 has been met.