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NEW JERSEY RESOURCES CORP — Director's Dealing 2021
Oct 20, 2021
31045_dirs_2021-10-19_ec8c425f-5929-4ef1-9567-fcc8c028478d.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: 2021-10-15
Reporting Person: Migliaccio Patrick J. (Senior VP and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-10-15 | Common Stock | F | 841 | $37.70 | Disposed | 36894.842 | Direct |
| 2021-10-15 | Common Stock | F | 1090 | $37.70 | Disposed | 35964.842 | Direct |
| 2021-10-15 | Common Stock | F | 1365 | $37.70 | Disposed | 34695.842 | Direct |
| 2021-10-15 | Common Stock | F | 2269 | $37.70 | Disposed | 33083.636 | Direct |
Footnotes
F1: Represents shares withheld to pay taxes due upon vesting of the third and final tranche of the Restricted Stock Unit (RSU) award previously granted on November 13, 2018.
F2: Total adjusted for 164 accrued dividend equivalents payable upon vesting of RSUs. Each RSU and dividend equivalent converts into one share of New Jersey Resources Corporation (NJR) Common Stock upon vesting.
F3: Represents shares withheld to pay taxes due upon vesting of the second tranche of the RSU award previously granted on November 12, 2019. The final tranche will vest on October 15, 2022.
F4: Total adjusted for 160 accrued dividend equivalents payable upon vesting of RSUs. Each RSU and dividend equivalent converts into one share of NJR Common Stock upon vesting.
F5: Represents shares withheld to pay taxes due upon vesting of the first tranche of the RSU award previously granted on November 9, 2020. The second and third tranches will vest on October 15, 2022 and October 15, 2023, respectively.
F6: Total adjusted for 96 accrued dividend equivalents payable upon vesting of RSUs. Each RSU and dividend equivalent converts into one share of NJR Common Stock upon vesting.
F7: Represents shares withheld to cover taxes due upon vesting of the Deferred Stock Unit (DSU) award previously granted on November 13, 2018.
F8: Total adjusted for 438 accrued dividend equivalents payable upon vesting of DSUs and includes 218.794 shares accrued through dividends under the NJR Employee Retirement Savings 401(k) Plan. Each DSU and dividend equivalent converts into one share of NJR Common Stock upon vesting.