4//SEC Filing
LOCKWOOD GLENN C 4
Accession 0000356309-18-000134
CIK 0000356309other
Filed
Nov 14, 7:00 PM ET
Accepted
Nov 15, 8:51 PM ET
Size
14.4 KB
Accession
0000356309-18-000134
Insider Transaction Report
Form 4
LOCKWOOD GLENN C
Senior, V.P. & CFO
Transactions
- Exercise/Conversion
Common Stock
2018-11-13+2,178→ 202,275.743 total - Tax Payment
Common Stock
2018-11-13$47.98/sh−1,151$55,225→ 201,124.743 total - Exercise/Conversion
Common Stock
2018-11-13+1,829→ 203,522.743 total - Tax Payment
Common Stock
2018-11-13$47.98/sh−1,182$56,712→ 202,340.743 total - Exercise/Conversion
Performance Shares
2018-11-13−2,178→ 0 total→ Common Stock (2,178 underlying) - Exercise/Conversion
Performance Shares
2018-11-13−1,829→ 0 total→ Common Stock (1,829 underlying)
Footnotes (5)
- [F1]Total has been adjusted downward by 22 shares to reflect Performance Shares vesting at 99% of target plus 180 shares for dividend accrued equivalents upon vesting of the award. Each dividend equivalent converts into 1 share of New Jersey Resources Corporation (NJR) Common Stock upon vesting.
- [F2]Represents shares withheld to pay taxes due upon vesting of Performance Share awards.
- [F3]Total has been adjusted upward by 384 shares to reflect Performance Shares vesting at 121% of target plus 185 shares for accrued dividend equivalents upon vesting of the award. Each dividend equivalent converts into 1 share of NJR Common Stock upon vesting.
- [F4]Represents number of Performance Shares, which vested at 99% of the target (plus accrued dividends) after a 36-month period beginning on October 1, 2015, upon certification by the Leadership Development and Compensation Committee of NJR's performance versus the applicable performance goals. 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.
- [F5]Represents number of Performance Shares, which vested at 121% of the target (plus accrued dividends) after a 36-month period beginning on October 1, 2015, upon certification by the Leadership Development and Compensation Committee of NJR's performance versus the applicable performance goals. 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.
Documents
Issuer
NEW JERSEY RESOURCES CORP
CIK 0000356309
Entity typeother
Related Parties
1- filerCIK 0001239998
Filing Metadata
- Form type
- 4
- Filed
- Nov 14, 7:00 PM ET
- Accepted
- Nov 15, 8:51 PM ET
- Size
- 14.4 KB