TAYLOR SHARON C 4

4 · NEW JERSEY RESOURCES CORP · Filed Jan 27, 2023

Form 4

Period: 2023-01-25

Director

Transactions

Exercise/Conversion
Common Stock
2023-01-25$49.58/sh+3,042$150,822→ 21,217.468 total
Award
Restricted Stock Units
2023-01-25+2,521.178→ 2,521.178 total
→ Common Stock (2,521.178 underlying)
Exercise/Conversion
Restricted Stock Units
2023-01-25−2,941.929→ 0 total
→ Common Stock (2,941.929 underlying)

Footnotes (4)

[F1]Total shares include 99.326 dividend equivalents accrued on Restricted Stock Units ("RSUs") plus .745 shares for rounding to the next whole share.
[F2]Represents the annual RSU retainer pursuant to the Non-Employee Director Compensation Plan, as amended. Each RSU represents a contingent right to receive one share of New Jersey Resources Corporation ("NJR") common stock plus dividend equivalents.
[F3]The RSU award will vest in full on the earlier of (i) the first anniversary of the date of grant, or (ii) the date of the next NJR Annual Meeting of Shareowners.
[F4]Represents 100 percent vesting of RSUs granted on January 26, 2022, pursuant to the Non-Employee Director Compensation Plan, as amended. RSUs converted one for one into shares of NJR common stock.

Documents

4 files