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NEW JERSEY RESOURCES CORP — Director's Dealing 2021
Nov 13, 2021
31045_dirs_2021-11-12_28d12b59-4f7b-46fc-8b80-488a5e594bdc.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: 2021-11-10
Reporting Person: Valori Mark F. (Vice President, Subsidiary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-11-10 | Common Stock | A | 2422 | $38.84 | Acquired | 14681.498 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-11-10 | Phantom Stock | $ | A | 644 | Acquired | Common Stock (644.0) | Direct |
Footnotes
F1: Represents grant of restricted stock units (RSUs) under the New Jersey Resources Corporation (NJR) 2017 Stock Award and Incentive Plan. RSUs vest in three equal annual installments on October 15, 2022, October 15, 2023, and October 15, 2024 and each RSU represents a contingent right to receive one share of NJR Common Stock.
F2: Total reflects adjustment for dividend accrual.
F3: The phantom stock represents performance share unit awards that have vested and have been deferred pursuant to NJR's Officer Deferred Compensation Plan and are to be paid out in a lump sum upon the officer's retirement. Each share of phantom stock is the economic equivalent of one share of NJR Common Stock.