4//SEC Filing
Lynch Kenneth A 4
Accession 0001562180-19-001704
CIK 0000091928other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 4:33 PM ET
Size
18.7 KB
Accession
0001562180-19-001704
Insider Transaction Report
Form 4
Lynch Kenneth A
Chief Accounting Officer
Transactions
- Exercise/Conversion
So.Jersey Ind., Inc. / Common Stock
2019-03-01+872→ 10,286.478 total - Tax Payment
So.Jersey Ind., Inc. / Common Stock
2019-03-01−274→ 10,012.478 total - Exercise/Conversion
Restricted Stock Units
2018-01-01+2,523→ 3,280 totalExercise: $0.00→ Common Stock (2,523 underlying) - Tax Payment
So.Jersey Ind., Inc. / Common Stock
2019-01-02−354.129→ 9,681.154 total - Tax Payment
So.Jersey Ind., Inc. / Common Stock
2019-01-02−266.676→ 9,414.478 total - Exercise/Conversion
Restricted Stock Units
2017-01-01+757→ 757 totalExercise: $0.00→ Common Stock (757 underlying) - Exercise/Conversion
Restricted Stock Units
2019-03-01−872→ 2,408 totalExercise: $0.00→ Common Stock (872 underlying)
Holdings
- 2,249.433(indirect: By 401(k))
So.Jersey Ind., Inc. / Common Stock
Footnotes (6)
- [F1]Represents shares withheld to cover taxes on the 2016 time-based restricted stock units that vested on January 1, 2019 that was previously reported on a form 4 on January 4, 2019.
- [F2]Represents shares withheld to cover taxes on the 2017 time-based restricted stock units that vested on January 1, 2019 that was previously reported on a form 4 on January 4, 2019.
- [F3]Includes accrued Dividend Equivalent Shares (referred to as "DES", as defined in the Issuer's 2015 Omnibus Equity Compensation Plan) in the amount of 31.2149 shares on the first tranche of the 2018 grant of RSUs that vested on March 1, 2019. The DES were accrued from January 1, 2018 through December 27, 2018.
- [F4]Represents shares withheld for taxes on the 2018 time-based award that vested on March 1, 2019.
- [F5]The Reporting Person reported the vesting of 781 restricted stock units granted to the Reporting Person on January 1, 2017 in Table I of the Form 4 filed on March 2, 2018, which is approximately one-third of the 2,271 restricted stock units that were granted to the Reporting Person on January 1, 2017. Such restricted stock units vest equally over a three year period, with the first tranche of 757 restricted stock units having vested on March 1, 2018 and reported on a Form 4 filed on March 15, 2018, the second tranche of 757 restricted stock units having vested on January 1, 2019 and reported on a Form 4 filed on January 4, 2019 and the last tranche of 757 restricted stock units will vest on January 1, 2020.
- [F6]Represents 2018 Annual RSU award granted pursuant to the South Jersey Industries, Inc. 2015 Omnibus Equity Compensation Plan. Subject to certain exceptions, 841 RSUs shall vest on March 1, 2019, 841 RSUs shall vest on January 1, 2020 and 841 RSUs shall vest on January 1, 2021, provided that the reporting person remains employed by the issuer.
Documents
Issuer
SOUTH JERSEY INDUSTRIES INC
CIK 0000091928
Entity typeother
Related Parties
1- filerCIK 0001565184
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 4:33 PM ET
- Size
- 18.7 KB