Borkowski Maureen A 4
4 · NEW JERSEY RESOURCES CORP · Filed Jan 4, 2019
Insider Transaction Report
Form 4
Borkowski Maureen A
Director
Transactions
- Award
Phantom Stock Units
2019-01-02$44.50/sh+2,472$110,004→ 5,883.1 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 NJR's Directors Deferred Compensation Plan and are to be paid in 5 equal annual payments in NJR Common Stock beginning in January of 2024 or, if earlier, when Ms. Borkowski ceases to be a Director.
- [F3]Total includes an accrual of 64.810 shares of NJR Common Stock through the NJR Dividend Reinvestment Plan.