4//SEC Filing
NEW JERSEY RESOURCES CORP 4
Accession 0001324907-08-000001
$NJRCIK 0000356309operating
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 3:41 PM ET
Size
9.2 KB
Accession
0001324907-08-000001
Insider Transaction Report
Form 4
LYNCH CRAIG A
SVP, Subsidiary
Transactions
- Award
Common Stock
2008-01-01$50.02/sh+1,800$90,036→ 5,675.992 total - Award
Performance Shares
2008-01-01$50.02/sh+1,800$90,036→ 1,800 totalExp: 2010-09-30→ Common Stock (1,800 underlying)
Holdings
- 18.927(indirect: Cust. for Rel.)
Common Stock
Footnotes (4)
- [F1]Represents shares of restricted stock granted pursuant to the New Jersey Resources Corporation (NJR) 2007 Stock Award and Incentive Plan. Shares will vest in equal annual installments over three years beginning on the first anniversary of the date of the grant, which will be January 1, 2009, and subject to the continued employment of the reporting person by NJR, except under certain conditions.
- [F2]Total includes shares that receive dividends through the NJR Dividend Reinvestment Plan (DRP), and shares held in NJR ESOP and 401(K) Plan that are accounted for on a unitized basis that reflect calculated values.
- [F3]Total includes reinvested dividends through DRP.
- [F4]Each performance share represents a contingent right to receive one share of NJR common stock. The performance shares will vest, in an amount ranging between 0 and 150 percent of the number of shares reported on this Form 4, at the end of a thirty-three month performance period ending on September 30, 2010, and become payable in November 2010, only in the event that the Leadership Development and Compensation Committee determines that certain performance objectives are met. If performance does not meet the minimum threshold level, no performance shares will vest.
Documents
Issuer
NEW JERSEY RESOURCES CORP
CIK 0000356309
Entity typeoperating
IncorporatedNJ
Related Parties
1- filerCIK 0000356309
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 3:41 PM ET
- Size
- 9.2 KB