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NEW JERSEY RESOURCES CORP — Director's Dealing 2015
Nov 14, 2015
31045_dirs_2015-11-13_5a492443-3c17-4e12-8160-df2d1f4687f7.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: 2015-11-10
Reporting Person: DOWNES LAURENCE M (Director, Chairman, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-11-10 | Common Stock | M | 9897 | — | Disposed | 342691.097 | Direct |
| 2015-11-10 | Common Stock | F | 4378 | $30.03 | Disposed | 338313.097 | Direct |
| 2015-11-10 | Common Stock | M | 35497.754 | — | Acquired | 373810.851 | Direct |
| 2015-11-10 | Common Stock | F | 16773 | $30.03 | Disposed | 357037.851 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-11-10 | Performance Shares | $0.0 | D | 9264.468 | Acquired | 2015-11-10 | Performance Shares (9264.468) | Direct |
Footnotes
F1: The performance-based restricted shares previously reported and granted on 12/19/13 are forfeited due to the applicable performance goal for the fiscal year ending September 30, 2015, not being met.
F2: Total reflects a two for one stock split on March 3, 2015.
F3: Total includes shares held in the New Jersey Resources Corporation (NJR) Employee Stock Ownership Plan, which include reinvested dividends through the NJR Dividend Reinvestment Plan (DRP).
F4: Total includes an accrual of 280 shares of New Jersey Resources Corporation (NJR) Common Stock through the NJR Dividend Reinvestment Plan (DRP).
F5: Represents number of shares, which vested at 120% of the target (plus accrued dividends) after a 33-month period beginning on January 1, 2013, upon certification by the Leadership Development and Compensation Committee of New Jersey Resources Corporation's (NJR) performance versus the applicable performance goals. Performance shares converted 1 for 1 into shares of NJR Common Stock. There is no purchase or sale price upon vesting of the Performance Shares.
F6: Total includes an accrual of 5602.710 shares of New Jersey Resources Corporation (NJR) Common Stock through the NJR Dividend Reinvestment Plan (DRP).