4//SEC Filing
Migliaccio Patrick J. 4
Accession 0000356309-24-000074
CIK 0000356309other
Filed
Nov 7, 7:00 PM ET
Accepted
Nov 8, 5:25 PM ET
Size
13.1 KB
Accession
0000356309-24-000074
Insider Transaction Report
Form 4
Migliaccio Patrick J.
Senior VP and COO, NJNG
Transactions
- Award
Common Stock
2024-11-06$46.94/sh+5,742$269,529→ 38,999.244 total - Award
Common Stock
2024-11-06$46.94/sh+5,804$272,440→ 44,803.244 total - Tax Payment
Common Stock
2024-11-06$46.94/sh−2,859$134,201→ 42,010.991 total - Award
Phantom Stock
2024-11-06$46.94/sh+7,077$332,194→ 14,016 total→ Common Stock (7,077 underlying) - Tax Payment
Phantom Stock
2024-11-06$46.94/sh−167$7,839→ 14,121.196 total→ Common Stock (167 underlying)
Footnotes (6)
- [F1]Represents grant of restricted stock units (RSUs) under the New Jersey Resources Corporation (NJR) 2017 Stock Award and Incentive Plan. RSUs vest in three equal annual installments on October 15, 2025, October 15, 2026 and October 15, 2027. Each RSU represents a contingent right to receive one share of NJR Common Stock.
- [F2]Represents number of performance share units, which vested at 124 percent of target (plus 589 dividend equivalents), after a 36-month period beginning on October 1, 2021, upon certification by the Leadership Development and Compensation Committee of NJR performance versus the applicable performance goal. Performance share units and dividend equivalents convert into one share of NJR Common Stock upon vesting.
- [F3]Represents shares withheld to pay taxes due upon vesting of performance share units.
- [F4]Total reflects adjustment of 66.747 shares accrued through dividends under the NJR Employee Retirement Savings 401(k) Plan.
- [F5]The phantom stock units represent a performance share unit award that has vested and has been deferred pursuant to NJR's Officer Deferred Compensation Plan and is to be paid out in a lump sum upon the reporting person's retirement. Each share of phantom stock is the economic equivalent of one share of NJR Common Stock.
- [F6]Total reflects a positive adjustment of 272.196 shares representing investment gains or losses and for dividends accrued under NJR's Officer Deferred Compensation Plan.
Documents
Issuer
NEW JERSEY RESOURCES CORP
CIK 0000356309
Entity typeother
Related Parties
1- filerCIK 0001658452
Filing Metadata
- Form type
- 4
- Filed
- Nov 7, 7:00 PM ET
- Accepted
- Nov 8, 5:25 PM ET
- Size
- 13.1 KB