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NEW JERSEY RESOURCES CORP — Director's Dealing 2023
Oct 4, 2023
31045_dirs_2023-10-03_b8bd07dc-0fdc-4b1b-a645-d22c0f08e241.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: 2023-09-30
Reporting Person: DelGiudice Lori (SVP, Human Resources)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-09-30 | Common Stock | F | 708 | $40.63 | Disposed | 11994 | Direct |
Footnotes
F1: Represents shares withheld to pay taxes due upon vesting of the first tranche of 22 percent of the Restricted Stock Unit (RSU) award previously granted on November 10, 2022. The second annual installment of 22 percent will vest on September 30, 2024, and the third and final installment of 56 percent will vest on September 30, 2025. Each RSU represents a contingent right to receive one share of New Jersey Resources Corporation (NJR) Common Stock.
F2: Total adjusted for 82 accrued dividend equivalents payable upon vesting of RSUs. Each RSU and dividend equivalent converts into one share of NJR Common Stock upon vesting.