NEW JERSEY RESOURCES CORP 4
4 · NEW JERSEY RESOURCES CORP · Filed Dec 14, 2015
Insider Transaction Report
Form 4
DUGAN MARIELLEN
Senior V.P. & General Counsel
Transactions
- Award
Common Stock
2015-12-14+5,828→ 48,591.583 total - Award
Performance Shares
2015-12-14+3,469→ 3,469 total→ Common Stock (3,469 underlying) - Award
Performance Shares
2015-12-14+2,914→ 2,914 total→ Common Stock (2,914 underlying)
Footnotes (3)
- [F1]Represents shares of restricted stock granted pursuant to the New Jersey Resources Corporation (NJR) 2007 Stock Award and Incentive Plan. Shares will vest in three equal installments on October 15, 2016, October 15, 2017, and October 15, 2018, subject to the continued employment of the reporting person by NJR, except under certain conditions.
- [F2]Represents performance shares granted pursuant to the NJR 2007 Stock Award and Incentive Plan. Performance shares will be vested and non-forfeitable upon certification by the Leadership Development and Compensation Committee that the applicable total shareholder return performance goal for the 36 month period ending September 30, 2018 has been met.
- [F3]Represents performance shares granted pursuant to the NJR 2007 Stock Award and Incentive Plan. Performance shares will be vested and non-forfeitable upon certification by the Leadership Development and Compensation Committee that the applicable net financial earnings performance goal for the 36 month period ending September 30, 2018 has been met.