NEW JERSEY RESOURCES CORP — Director's Dealing 2016

Jan 6, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEW JERSEY RESOURCES CORP (NJR)
CIK: 0000356309
Period of Report: 2016-01-04

Reporting Person: TAYLOR SHARON C (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-01-04	Phantom Stock Units	$	A	4106	Acquired		Common Stock (4106.0)	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 Directors Deferred Compensation Plan Plan and are to be paid in one lump sum in NJR Common Stock beginning January 2021 or if earlier, when Ms. Taylor ceases to be a Director.

F3: Total reflects 2 for 1 stock split on March 3, 2015.

F4: Total includes an accrual of 389.471 shares of NJR Common Stock through the NJR Dividend Reinvestment Plan.