Shea Timothy F. 4
4 · NEW JERSEY RESOURCES CORP · Filed Nov 12, 2021
Insider Transaction Report
Form 4
Shea Timothy F.
Vice President, Subsidiary
Transactions
- Award
Common Stock
2021-11-10$38.84/sh+2,037$79,117→ 25,053.368 total - Tax Payment
Common Stock
2021-11-10$38.84/sh−1,004$38,995→ 24,049.368 total - Award
Common Stock
2021-11-10$38.84/sh+28,321$1,099,988→ 52,377.368 total
Holdings
- 28.729(indirect: By NJR Employees' Retirement Savings Plan)
Common Stock
Footnotes (5)
- [F1]Represents number of performance share units, which vested at 93 percent of target (plus 196 dividend equivalents), after a 36-month period beginning on October 1, 2018, 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 due upon vesting of performance share units.
- [F3]Represents grant of deferred retention stock units (DRSUs) under the NJR 2017 Stock Award and Incentive Plan. Each DRSU will vest on October 15, 2024 and each DRSU represents a contingent right to receive one share of NJR Common Stock.
- [F4]Total reflects adjustment for dividend accrual.
- [F5]Based on plan shares as of the end of the most recent fiscal quarter.