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4//SEC Filing

NEW JERSEY RESOURCES CORP 4

Accession 0001344685-08-000001

$NJRCIK 0000356309operating

Filed

Jan 2, 7:00 PM ET

Accepted

Jan 3, 3:06 PM ET

Size

9.2 KB

Accession

0001344685-08-000001

Insider Transaction Report

Form 4
Period: 2008-01-01
FIGUEROA RHONDA M
Corporate Secretary
Transactions
  • Award

    Performance Shares

    2008-01-01$50.02/sh+1,000$50,0201,000 total
    Exp: 2010-09-30Common Stock (1,000 underlying)
  • Award

    Common Stock

    2008-01-01$50.02/sh+1,000$50,0203,267.882 total
Holdings
  • Common Stock

    (indirect: Cust. for Rel.)
    18.582
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 held in the NJR ESOP Plan that are accounted for on a unitized basis that reflects a calculated value, and reinvested dividends through the NJR Dividend Reinvestment Plan.
  • [F3]Total includes reinvested dividends through the NJR Dividend Reinvestment Plan.
  • [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.

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, 3:06 PM ET
Size
9.2 KB