O'Dowd Kevin M. 4
4 · SOUTH JERSEY INDUSTRIES INC · Filed Feb 1, 2023
Insider Transaction Report
Form 4
O'Dowd Kevin M.
Director
Transactions
- Disposition to Issuer
Common Stock
2023-02-01$36.00/sh−6,050.67$217,824→ 0 total - Disposition to Issuer
Common Stock
2023-02-01$36.00/sh−3,293.49$118,566→ 0 total - Disposition to Issuer
Common Stock
2023-02-01$36.00/sh−3,485.32$125,472→ 0 total
Footnotes (3)
- [F1]Disposed of pursuant to the Agreement and Plan of Merger, dated as of February 23, 2022, by and among the Issuer, NJ Boardwalk Holdings LLC, a Delaware limited liability company ("Parent"), Boardwalk Merger Sub, Inc., a New Jersey corporation and a wholly owned subsidiary of Parent, in exchange for cash consideration of $36.00 per share of common stock of the Issuer (the "Merger Consideration") on the effective date of the merger.
- [F2]Represents shares underlying restricted stock award which were converted into the right to receive cash in an amount equal to the number of shares of common stock of the Issuer multiplied by the Merger Consideration.
- [F3]Includes shares acquired through dividend reinvestment.