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NEW JERSEY RESOURCES CORP — Director's Dealing 2022
Jan 12, 2022
31045_dirs_2022-01-12_80a1a894-b5a0-4fd8-b8c6-68429c52d213.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: 2022-01-10
Reporting Person: HOWARD M WILLIAM JR (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-01-10 | Common Stock | M | 3324 | — | Acquired | 17581 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-01-10 | Phantom Stock Units | $ | M | 3324.371 | Disposed | Common Stock (3324.371) | Direct |
Footnotes
F1: Total includes an accrual of 475.371 shares of dividends through the New Jersey Resources Corporation (NJR) Directors' Deferred Compensation Plan; value of .371 shares of NJR Common Stock was distributed in cash.
F2: Each Phantom Stock Unit is the economic equivalent of one (1) share of NJR Common Stock.
F3: The Phantom Stock Units represent director fees for 2017 that were deferred pursuant to the NJR Directors' Deferred Compensation Plan and are being paid out in a lump sum as previously elected by the director.
F4: The Phantom Stock Units represent director fees for 2018 and 2019 that are deferred pursuant to the NJR Directors' Deferred Compensation Plan and will be paid out over five annual installments beginning in 2023 and 2024, respectively.
F5: Total includes an accrual of 625.376 shares of dividends through NJR's Directors Deferred Compensation Plan.