NEW JERSEY RESOURCES CORP 4
4 · NEW JERSEY RESOURCES CORP · Filed May 10, 2017
Insider Transaction Report
Form 4
OConnor Thomas C
Director
Transactions
- Award
Phantom Stock Unit
2017-05-09$39.85/sh+1,629.397$64,931→ 1,629.397 total→ Common Stock (1,629.397 underlying)
Footnotes (2)
- [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 one lump sum in NJR Common Stock when Mr. O'Connor ceases to be a Director.