NEW JERSEY RESOURCES CORP 4
4 · NEW JERSEY RESOURCES CORP · Filed Nov 13, 2014
Insider Transaction Report
Form 4
ZILAI DEBORAH G
V.P., Subsidiary
Transactions
- Tax Payment
Common Stock
2014-11-11$58.62/sh−620$36,344→ 32,351.265 total - Exercise/Conversion
Performance Shares
2014-11-11−1,091→ 0 total→ Common Stock (1,091 underlying) - Exercise/Conversion
Common Stock
2014-11-11+1,804.868→ 32,971.265 total
Footnotes (1)
- [F1]Represents number of Performance Shares, which vested at 150% of the target amount (plus accrued dividends), after a 36-month period beginning on October 1, 2011, upon certification by the Leadership Development and Compensation Committee of New Jersey Resources Corporation's (NJR) performance versus the applicable performance goal. Performance Shares converted 1 for 1 into shares of NJR common stock. There is no purchase or sale price upon vesting of the Performance Shares.