Mullan Amanda 4
4 · NEW JERSEY RESOURCES CORP · Filed Nov 12, 2021
Insider Transaction Report
Form 4
Mullan Amanda
Vice President
Transactions
- Award
Common Stock
2021-11-10$38.84/sh+1,938$75,272→ 30,924.569 total - Award
Common Stock
2021-11-10$38.84/sh+5,316$206,473→ 35,287.569 total - Tax Payment
Common Stock
2021-11-10$38.84/sh−955$37,092→ 29,969.569 total
Footnotes (4)
- [F1]Represents number of performance share units, which vested at 93 percent of target (plus 186 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 restricted stock units (RSUs) under the NJR 2017 Stock Award and Incentive Plan. RSUs vest in three equal annual installments on October 15, 2022, October 15, 2023, and October 15, 2024 and each RSU represents a contingent right to receive one share of NJR Common Stock.
- [F4]Total reflects adjustment for dividend accrual.