HOWARD M WILLIAM JR 4
4 · NEW JERSEY RESOURCES CORP · Filed Jan 4, 2019
Insider Transaction Report
Form 4
HOWARD M WILLIAM JR
Director
Transactions
- Award
Phantom Stock Units
2019-01-02$44.50/sh+2,472$110,004→ 17,625.327 total→ Common Stock (2,472 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 the NJR Directors Deferred Compensation Plan and are to be paid in 5 equal annual payments in NJR Common Stock beginning in January of 2024 to Mr. Howard.
- [F3]Total includes an accrual of 287.677 shares of NJR Common Stock through the NJR Dividend Reinvestment Plan.