Valori Mark F. 4
4 · NEW JERSEY RESOURCES CORP · Filed Oct 19, 2020
Insider Transaction Report
Form 4
Valori Mark F.
Vice President, Subsidiary
Transactions
- Tax Payment
Common Stock
2020-10-15$28.61/sh−144$4,120→ 9,390.008 total - Tax Payment
Common Stock
2020-10-15$28.61/sh−402$11,501→ 9,083.592 total
Footnotes (4)
- [F1]Represents shares withheld to pay taxes due upon vesting of the second tranche of the Restricted Stock Unit (RSU) award previously granted on November 13, 2018. The final tranche will vest on October 15, 2021.
- [F2]Total adjusted for 31 accrued dividend equivalents payable upon vesting of RSUs. Each RSU and dividend equivalent converts into one share of New Jersey Resources Corporation (NJR) Common Stock upon vesting.
- [F3]Represents shares withheld to pay taxes due upon vesting of the first tranche of the RSU award previously granted on November 12, 2019. The second and third tranches will vest on October 15, 2021 and October 15, 2022, respectively.
- [F4]Total adjusted for 45.584 accrued dividends on executive's brokerage account, and for 50 accrued dividend equivalents payable upon vesting of RSUs. Each RSU and dividend equivalent converts into one share of NJR Common Stock upon vesting.