NEW JERSEY RESOURCES CORP — Director's Dealing 2016

Nov 18, 2016

SEC Form 4/A — Form 4/A

Issuer: NEW JERSEY RESOURCES CORP (NJR)
CIK: 0000356309
Period of Report: 2016-11-15

Reporting Person: LOCKWOOD GLENN C (Executive V.P.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-15	Common Stock	M	5110.623	—	Acquired	176437.463	Direct
2016-11-15	Common Stock	F	2650	$34.45	Disposed	173787.463	Direct
2016-11-15	Common Stock	M	3968.278	—	Acquired	177755.741	Direct
2016-11-15	Common Stock	F	2058	$34.45	Disposed	175697.741	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-11-15	Performance Shares	$	M	3106	Disposed	2016-09-30	Common Stock (3106.0)	Direct
2016-11-15	Performance Shares	$	M	4256	Disposed	2016-09-30	Common Stock (4256.0)	Direct

Footnotes

F1: Represents number of Performance Shares, which vested at 150% of the target amount (plus accrued dividends), after a 36-month period beginning on October 1, 2013, upon certification by the Leadership Development and Compensation Committee (LDCC) of the Board of Directors of New Jersey Resources Corporation (NJR) of NJR's performance versus the applicable performance goal. 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.

F2: Represents number of Performance Shares, which vested at 85% of the target amount (plus accrued dividends), after a 33-month period beginning on January 1, 2014, upon certification by the Leadership Development and Compensation Committee (LDCC) of the Board of Directors of New Jersey Resources Corporation (NJR) of NJR's performance versus the applicable performance goal. 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.

F3: Total reflects a two for one stock split on March 3, 2015.