DEGRAFFENREIDT JAMES H JR 4
4 · NEW JERSEY RESOURCES CORP · Filed Jan 24, 2022
Insider Transaction Report
Form 4
DEGRAFFENREIDT JAMES H JR
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2022-01-20$38.69/sh−3,079.507$119,146→ 0 total→ Common Stock (3,079.507 underlying) - Exercise/Conversion
Common Stock
2022-01-20$38.69/sh+3,191$123,460→ 11,207 total
Footnotes (3)
- [F1]Total shares include 111.052 dividend equivalents accrued on Restricted Stock Units ("RSUs") plus .441 shares for rounding shares to the next whole share.
- [F2]Each RSU represents a contingent right to receive one share of New Jersey Resources ("NJR") common stock plus dividend equivalents.
- [F3]Represents 100 percent vesting of RSUs granted on January 20, 2021. RSUs converted one for one into shares of NJR common stock. There is no purchase or sale price upon vesting of RSUs.