NEW JERSEY RESOURCES CORP — Director's Dealing 2015

Jan 6, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEW JERSEY RESOURCES CORP (NJR)
CIK: 0000356309
Period of Report: 2015-01-02

Reporting Person: CODEY LAWRENCE R (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-01-02	Phantom Stock Units	$	A	1306	Acquired		Common Stock (1306.0)	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 NJR's Directors Deferred Compensation Plan and are to be paid in a single sum payment in NJR Common Stock when Mr. Codey ceases to be a Director.

F3: Total reflects three for two stock split effective March 3, 2008 and includes dividends accrued through the NJR Dividend Reinvestment Plan (DRP).