KENNY JANE M 4
4 · NEW JERSEY RESOURCES CORP · Filed Jan 12, 2022
Insider Transaction Report
Form 4
KENNY JANE M
Director
Transactions
- Exercise/Conversion
Phantom Stock Units
2022-01-10$40.66/sh−3,324.37$135,169→ 5,732.372 total→ Common Stock (3,324.37 underlying) - Exercise/Conversion
Common Stock
2022-01-10+3,324→ 22,918.164 total
Footnotes (5)
- [F1]Total includes an accrual of 475.370 shares of dividends through the New Jersey Resources Corporation (NJR) Directors' Deferred Compensation Plan; value of .370 shares of NJR Common Stock was distributed in cash.
- [F2]Each Phantom Stock Unit is the economic equivalent of one (1) share of NJR Common Stock.
- [F3]The Phantom Stock Units represent director fees for 2017 that were deferred pursuant to the NJR Directors' Deferred Compensation Plan and are being paid out in a lump sum as previously elected by the director.
- [F4]The Phantom Stock Units represent director fees for 2018 and 2019 that are deferred pursuant to the NJR Directors' Deferred Compensation Plan and will be paid out in a lump sum the earlier of 1/1/2023 and 1/1/2024, respectively, or when the director ceases to be a director.
- [F5]Total includes an accrual of 625.372 shares of dividends through NJR's Directors Deferred Compensation Plan.