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NEW JERSEY RESOURCES CORP Director's Dealing 2018

Oct 18, 2018

31045_dirs_2018-10-17_19e06dbc-387b-4260-9dbb-fab9028651cc.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: 2018-10-15

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-10-15 Common Stock F 9 $44.10 Disposed 195789.649 Direct
2018-10-15 Common Stock M 7125 Acquired 202914.649 Direct
2018-10-15 Common Stock F 3505 $44.90 Disposed 199939.743 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-10-15 Deferred Stock Units $ M 6660 Disposed 2017-10-15 Common Stock (6660.0) Direct

Footnotes

F1: Represents shares withheld to pay taxes related to monthly vesting of restricted stock due to executive's eligibility for retirement.

F2: Represents shares withheld to pay taxes related to deferred stock units vesting.

F3: Includes accrued dividends on the vested deferred stock units totaling 465 shares.

F4: Total includes an accrual of 65.094 shares through the New Jersey Resources Corporation (NJR) Dividend Reinvestment Plan.

F5: Each deferred stock unit represents a contingent right to receive one share of NJR common stock.