NEW JERSEY RESOURCES CORP 4
4 · NEW JERSEY RESOURCES CORP · Filed Nov 13, 2015
Insider Transaction Report
Form 4
Kosierowski Stanley M
President, Subsidiaries
Transactions
- Exercise/Conversion
Common Stock
2015-11-10+6,818.4→ 26,909.098 total - Tax Payment
Common Stock
2015-11-10$30.03/sh−2,596$77,958→ 24,313.098 total - Exercise/Conversion
Performance Shares
2015-11-10−5,682→ 0 totalFrom: 2015-11-10Exp: 2015-11-10→ Common Stock (5,682 underlying)
Footnotes (3)
- [F1]Total includes an accrual of 738.106 shares of New Jersey Resources (NJR) Common Stock through the NJR Dividend Reinvestment Plan (DRP).
- [F2]Total reflects a two for one stock split on March 3, 2015.
- [F3]Represents number of shares, which vested at 120% of the target (plus accrued dividends) after a 33-month period beginning on January 1, 2013, upon certification by the Leadership Development and Compensation Committee of New Jersey Resources Corporation's (NJR) performance versus the applicable performance goals. 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.