Shea Timothy F. 4
4 · NEW JERSEY RESOURCES CORP · Filed Nov 12, 2020
Insider Transaction Report
Form 4
Shea Timothy F.
Vice President, Subsidiary
Transactions
- Tax Payment
Common Stock
2020-11-09$33.34/sh−336$11,202→ 68,406.38 total - Award
Common Stock
2020-11-09$33.34/sh+681$22,705→ 68,742.38 total
Holdings
- 27.72(indirect: By NJR Employees' Retirement Savings Plan)
Common Stock
Footnotes (3)
- [F1]Represents number of performance share units, which vested at 114% of target (plus 61 dividend equivalents), after a 36-month period beginning on October 1, 2017, upon certification by the Leadership Development and Compensation Committee (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.
- [F2]Represents shares withheld to pay taxes due upon vesting of performance share units
- [F3]Based on plan shares as of the end of the most recent fiscal quarter.