NEW JERSEY RESOURCES CORP 4
4 · NEW JERSEY RESOURCES CORP · Filed Jan 5, 2017
Insider Transaction Report
Form 4
ZOFFINGER GEORGE R
Director
Transactions
- Award
Phantom Stock Units
2017-01-03$35.10/sh+2,849$100,000→ 84,418.844 total→ Common Stock (2,849 underlying)
Footnotes (3)
- [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 5 equal annual payments in NJR Common Stock when Mr. Zoffinger ceases to be a Director.
- [F3]Total includes accrued dividends of 2,212.730 shares of NJR Common Stock through the NJR Dividend Reinvestment Plan.