Cradic Amy 4
4 · NEW JERSEY RESOURCES CORP · Filed Nov 8, 2024
Insider Transaction Report
Form 4
Cradic Amy
SVP & COO Non-Utility Business
Transactions
- Tax Payment
Common Stock
2024-11-06$46.94/sh−2,670$125,330→ 44,271 total - Award
Common Stock
2024-11-06$46.94/sh+5,156$242,023→ 42,837 total - Award
Common Stock
2024-11-06$46.94/sh+4,998$234,606→ 37,681 total - Tax Payment
Common Stock
2024-11-06$46.94/sh−2,188$102,705→ 40,649 total - Award
Common Stock
2024-11-06$46.94/sh+6,292$295,346→ 46,941 total
Footnotes (4)
- [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 521 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]Represents number of performance share units, which vested at 150 percent of target (plus 638 dividend equivalents), after a 36-month period beginning on October 1, 2021, upon certification by the LDCC of NJR's performance versus the applicable performance goal. Performance share units and dividend equivalents convert into one share of NJR Common Stock upon vesting.