NEW JERSEY RESOURCES CORP — Director's Dealing 2020

Jan 24, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NEW JERSEY RESOURCES CORP (NJR)
CIK: 0000356309
Period of Report: 2020-01-22

Reporting Person: Aliff Gregory E (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-22	Restricted Stock Units	$	A	2529.317	Acquired		Common Stock (2529.317)	Direct

Footnotes

F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of NJR's common stock plus accrued dividend equivalents.

F2: Reporting person has elected to defer issuance of shares of this RSU Award upon vesting pursuant to the NJR Directors Deferred Compensation Plan.

F3: The RSU award will vest in full on the earlier of (i) the first anniversary of the date of grant, or (ii) the date of the next NJR Annual Meeting of Shareowners.