4//SEC Filing
NEW JERSEY RESOURCES CORP 4
Accession 0000356309-16-000269
$NJRCIK 0000356309operating
Filed
Nov 16, 7:00 PM ET
Accepted
Nov 17, 6:09 PM ET
Size
15.7 KB
Accession
0000356309-16-000269
Insider Transaction Report
Form 4
Kosierowski Stanley M
President, Subsidiaries
Transactions
- Exercise/Conversion
Common Stock
2016-11-15+3,053.871→ 30,643.721 total - Award
Common Stock
2016-11-15+1,742→ 30,801.721 total - Exercise/Conversion
Common Stock
2016-11-15+2,372.014→ 28,819.85 total - Tax Payment
Common Stock
2016-11-15$34.45/sh−1,230$42,374→ 27,589.85 total - Exercise/Conversion
Performance Shares
2016-11-15−2,544→ 0 totalExp: 2016-09-30→ Common Stock (2,544 underlying) - Exercise/Conversion
Performance Shares
2016-11-15−1,856→ 0 totalExp: 2016-09-30→ Common Stock (1,856 underlying) - Tax Payment
Common Stock
2016-11-15$34.45/sh−1,584$54,569→ 29,059.721 total
Footnotes (4)
- [F1]Represents number of Performance Shares, which vested at 85% of the target amount (plus accrued dividends), after a 33-month period beginning on January 1, 2014, upon certification by the Leadership Development and Compensation Committee (LDCC) of the Board of Directors of New Jersey Resources Corporation (NJR) of NJR's 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.
- [F2]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, 2013, upon certification by the Leadership Development and Compensation Committee (LDCC) of the Board of Directors of New Jersey Resources Corporation (NJR) of NJR's 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.
- [F3]Represents grant of deferred stock units under the New Jersey Resources Corporation (NJR) 2007 Stock Award and Incentive Plan. Each deferred stock unit vests on October 15, 2019 and represents a contingent right to receive one share of NJR common stock.
- [F4]Total reflects a two for one stock split on March 3, 2015.
Documents
Issuer
NEW JERSEY RESOURCES CORP
CIK 0000356309
Entity typeoperating
IncorporatedNJ
Related Parties
1- filerCIK 0000356309
Filing Metadata
- Form type
- 4
- Filed
- Nov 16, 7:00 PM ET
- Accepted
- Nov 17, 6:09 PM ET
- Size
- 15.7 KB