Hardwick M Susan 4
4 · NEW JERSEY RESOURCES CORP · Filed Jan 8, 2025
Insider Transaction Report
Form 4
Hardwick M Susan
Director
Transactions
- Exercise/Conversion
Common Stock
2025-01-06$45.68/sh+1,022$46,685→ 9,868 total - Exercise/Conversion
Phantom Stock Unit
2025-01-06$45.68/sh−866.919$39,601→ 0 total→ Common Stock (866.919 underlying) - Exercise/Conversion
Common Stock
2025-01-06$45.68/sh+1,392$63,587→ 11,260 total - Exercise/Conversion
Phantom Stock Unit
2025-01-06$45.68/sh−1,206$55,090→ 0 total→ Common Stock (1,206 underlying)
Footnotes (5)
- [F1]Represents the distribution of phantom stock units, including 155 shares for accrued dividends, for the 2020 director fees that were deferred pursuant to the New Jersey Resources Corporation ("NJR") Directors Deferred Compensation Plan. Each share of phantom stock and dividend equivalent is the economic equivalent of one share of NJR Common Stock.
- [F2]Represents the distribution of phantom stock units, including 185 shares for accrued dividends, for the 2020 restricted stock unit vesting that was deferred pursuant to the NJR Directors Deferred Compensation Plan. Each share of phantom stock and dividend equivalent is the economic equivalent of one share of NJR Common Stock.
- [F3]Each phantom stock unit is the economic equivalent of one (1) share of NJR Common Stock.
- [F4]The phantom stock units represent director fees that are deferred pursuant to NJR's Directors Deferred Compensation Plan to be paid in a lump sum in January 2025.
- [F5]The phantom stock units represent the 2020 restricted stock unit vesting that was deferred pursuant to NJR's Directors Deferred Compensation Plan to be paid in a lump sum in January 2025.