TAYLOR SHARON C 4
4 · NEW JERSEY RESOURCES CORP · Filed Jan 8, 2025
Insider Transaction Report
Form 4
TAYLOR SHARON C
Director
Transactions
- Exercise/Conversion
Phantom Stock Unit
2025-01-06$45.68/sh−1,207.057$55,138→ 1,207.057 total→ Common Stock (1,207.057 underlying) - Exercise/Conversion
Common Stock
2025-01-06$45.68/sh+1,488$67,972→ 30,028.956 total - Exercise/Conversion
Common Stock
2025-01-06$45.68/sh+1,671$76,331→ 28,540.774 total - Exercise/Conversion
Phantom Stock Unit
2025-01-06$45.68/sh−1,320.51$60,321→ 0 total→ Common Stock (1,320.51 underlying)
Footnotes (6)
- [F1]Represents the third and final distribution of phantom stock units, including 350 shares for accrued dividends, for the 2018 director fees that were deferred pursuant to the New Jersey Resources ("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 second distribution of phantom stock units, including 281 shares for accrued dividends, for the 2019 director fees that were deferred pursuant to the NJR Directors' Deferred Compensation Plan. The final distribution will take place in January 2026. Each share of phantom stock and dividend equivalent is the economic equivalent of one share of NJR Common Stock.
- [F3]Total adjusted for .182 accrued dividends under the NJR Dividend and Reinvestment Plan.
- [F4]Each Phantom Stock Unit is the economic equivalent of one (1) share of NJR Common Stock.
- [F5]The Phantom Stock Units represent the 2018 director fees that were deferred pursuant to the NJR Directors Deferred Compensation Plan to be paid in NJR Common stock in three installments beginning in January 2023.
- [F6]The Phantom Stock Units represent the 2019 director fees that were deferred pursuant to the NJR Directors Deferred Compensation Plan to be paid in NJR Common stock in three installments beginning in January 2024.