NEW JERSEY RESOURCES CORP 4
4 · NEW JERSEY RESOURCES CORP · Filed Jan 5, 2016
Insider Transaction Report
Form 4
CODEY LAWRENCE R
Director
Transactions
- Award
Phantom Stock Units
2016-01-04$32.75/sh+2,748$89,997→ 19,970.349 total→ Common Stock (2,748 underlying)
Footnotes (4)
- [F1]Each Phantom Stock Unit is the economic equivalent of one (1) share of New Jersey Resources Corporation (NJR) Common Stock.
- [F2]The Phantom Stock Units represent director fees that are deferred pursuant to NJR's Directors Deferred Compensation Plan and are to be paid in three equal annual payments in NJR Common Stock when Mr. Codey ceases to be a Director.
- [F3]Total reflects 2 for 1 stock split on March 3, 2015.
- [F4]Total includes an accrual of 502.915 shares of NJR Common Stock through the NJR Dividend Reinvestment Plan.