4//SEC Filing
Lynch Kenneth A 4
Accession 0001562180-19-001854
CIK 0000091928other
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 8:20 PM ET
Size
8.0 KB
Accession
0001562180-19-001854
Insider Transaction Report
Form 4
Lynch Kenneth A
Chief Accounting Officer
Transactions
- Exercise/Conversion
Common Stock
2019-03-07+5,244→ 15,256.478 total - Tax Payment
Common Stock
2019-03-07$29.65/sh−1,420$42,103→ 13,836.478 total
Holdings
- 2,249.433(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]The shares were acquired pursuant to the vesting of performance based restricted stock units that were granted on January 1, 2016 with a performance period beginning on January 1, 2016 and ending on December 31, 2018 (PSUs). 6,830 PSUs were granted to the Reporting Person on January 1, 2016. Vesting of the up to 50% of the PSUs granted was contingent upon achieving an Economic Earnings compound annual growth rate (CAGR) performance hurdle and vesting of up to 50% of the PSUs granted was contingent upon achieving a relative total shareholder return (TSR) performance hurdle. The CAGR performance hurdle was achieved above threshold at 5.5% with a payout of 70.8%. The TSR performance hurdle was achieved above threshold at 40.3% with a payout of 67.7%. The overall all payout of the PSUs was 69.3%.
- [F2]Represents shares withheld to cover taxes on the 2016 performance-based restricted stock units
Documents
Issuer
SOUTH JERSEY INDUSTRIES INC
CIK 0000091928
Entity typeother
Related Parties
1- filerCIK 0001565184
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 8:20 PM ET
- Size
- 8.0 KB