NEW JERSEY RESOURCES CORP — Director's Dealing 2018

Jan 4, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEW JERSEY RESOURCES CORP (NJR)
CIK: 0000356309
Period of Report: 2018-01-02

Reporting Person: TRICE DAVID A (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-01-02	Phantom Stock Units	$	A	2635	Acquired		Common Stock (2635.0)	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 New Jersey Resources Corporation (NJR) Directors Deferred Compensation Plan and are to be paid in 3 equal annual payments in NJR Common Stock when Mr. Trice ceases to be a director.

F3: Total includes an accrual of 553.990 shares of NJR Common Stock through the NJR Dividend Reinvestment Plan (DRP).