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NEW JERSEY RESOURCES CORP Director's Dealing 2022

Jan 25, 2022

31045_dirs_2022-01-24_f6bed19c-06fd-4ca5-8136-55a0d8f4946a.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: 2022-01-20

Reporting Person: Evans Robert B (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-01-20 Common Stock M 3191 $38.69 Acquired 39744.739 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-01-20 Restricted Stock Units $ M 3079.507 Disposed Common Stock (3079.507) Direct

Footnotes

F1: Total shares include 111.052 dividend equivalents accrued on Restricted Stock Units ("RSUs") plus .441 shares for rounding shares to the next whole share.

F2: Total increased by 94.393 shares accrued through dividends.

F3: Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of New Jersey Resources ("NJR's") common stock plus dividend equivalents.

F4: Represents 100 percent vesting of RSUs granted on January 20, 2021. RSUs converted one for one into shares of NJR common stock. There is no purchase or sale price upon vesting of RSUs.