4//SEC Filing
DOWNES LAURENCE M 4
Accession 0000356309-19-000124
CIK 0000356309other
Filed
Nov 13, 7:00 PM ET
Accepted
Nov 14, 4:35 PM ET
Size
14.8 KB
Accession
0000356309-19-000124
Insider Transaction Report
Form 4
DOWNES LAURENCE M
DirectorChairman, President & CEO
Transactions
- Award
Common Stock
2019-11-12+22,246→ 452,778.437 total - Award
Common Stock
2019-11-12$40.61/sh+19,537$793,398→ 431,770.437 total - Award
Common Stock
2019-11-12$40.61/sh+16,521$670,918→ 438,669.437 total - Tax Payment
Common Stock
2019-11-12−10,957→ 441,821.437 total - Tax Payment
Common Stock
2019-11-12$40.61/sh−9,622$390,749→ 422,148.437 total - Tax Payment
Common Stock
2019-11-12$40.61/sh−8,137$330,444→ 430,532.437 total - Award
Common Stock
2019-11-12+24,624→ 466,445.437 total
Footnotes (6)
- [F1]Represents number of performance share units, which vested at 119% of target (plus dividend equivalents), after a 36-month period beginning on October 1, 2016, upon certification by the Leadership Development and Compensation Committee (LDCC) of New Jersey Resources Corporation's (NJR's) performance versus the applicable performance goal. Performance share units and dividend equivalents convert into one share of NJR Common Stock upon vesting.
- [F2]Represents shares withheld to pay taxes related to vesting of performance share units.
- [F3]Represents number of performance share units, which vested at 117% of target (plus accrued dividend equivalents), after a 36-month period beginning on October 1, 2016, upon certification by the LDCC of NJR's performance versus the applicable performance goal. Performance share units and dividend equivalents convert into one share of NJR Common Stock upon vesting.
- [F4]Represents accelerated vesting of performance-based restricted stock units (plus dividend equivalents), previously granted on November 13, 2018, due to the retirement of the executive and satisfaction of the performance goal, as certified by the LDCC. Each performance-based restricted stock unit and dividend equivalent converts into one share of NJR Common Stock upon vesting.
- [F5]Represents shares withheld to pay taxes related to vesting of performance-based restricted stock units.
- [F6]Represents grant of deferred retention stock units under the NJR 2017 Stock Award and Incentive Plan. Each deferred retention stock unit vests on October 15, 2022 and represents a contingent right to receive one share of NJR Common Stock.
Documents
Issuer
NEW JERSEY RESOURCES CORP
CIK 0000356309
Entity typeother
Related Parties
1- filerCIK 0001239994
Filing Metadata
- Form type
- 4
- Filed
- Nov 13, 7:00 PM ET
- Accepted
- Nov 14, 4:35 PM ET
- Size
- 14.8 KB