KERR KATHLEEN F 4
4 · NEW JERSEY RESOURCES CORP · Filed Jan 4, 2005
Insider Transaction Report
Form 4
KERR KATHLEEN F
VP, Mktg & Cust. Svcs of Sub.
Transactions
- Award
Common Stock
2005-01-03$42.91/sh+400$17,164→ 400 total - Award
Stock Option (Right-to-Buy)
2005-01-03$42.91/sh+2,000$85,820→ 2,000 totalExercise: $42.91From: 2006-01-03Exp: 2015-01-03→ Common Stock (2,000 underlying)
Footnotes (2)
- [F1]These performance units will vest on October 1, 2005 if certain goals are met, with 50% payable in 2005 and 50% payable if employed by the Company at the end of fiscal 2006.
- [F2]Options are exercisable 25% each year after the first year.