NEW JERSEY RESOURCES CORP 4
4 · NEW JERSEY RESOURCES CORP · Filed Jan 5, 2016
Insider Transaction Report
Form 4
ZOFFINGER GEORGE R
Director
Transactions
- Award
Phantom Stock Units
2016-01-04$32.75/sh+2,748$89,997→ 79,357.114 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 Directors Deferred Compensation Plan and are to be paid in five equal annual payments in NJR Common Stock when Mr. Zoffinger ceases to be a Director.
- [F3]Total reflects a two for one stock split on March 3, 2015.
- [F4]Total includes accrued dividends of 2,301.08 shares of NJR Common Stock held in the NJR Dividend Reinvestment Plan.