NEW JERSEY RESOURCES CORP — Director's Dealing 2017

Jan 5, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEW JERSEY RESOURCES CORP (NJR)
CIK: 0000356309
Period of Report: 2017-01-03

Reporting Person: CODEY LAWRENCE R (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-03	Phantom Stock Units	$	A	2849	Acquired		Common Stock (2849.0)	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 two equal annual payments in NJR Common Stock when Mr. Codey ceases to be a Director.

F3: Total includes an accrual of 541.046 shares of New Jersey Resources Corporation (NJR) Common Stock through the NJR Dividend Reinvestment Plan.