Anthony Ann T 4
4 · SOUTH JERSEY INDUSTRIES INC · Filed Jun 11, 2019
Insider Transaction Report
Form 4
Anthony Ann T
Treasurer
Transactions
- Tax Payment
Common Stock
2019-06-07−146→ 4,440.785 total - Exercise/Conversion
Common Stock
2019-06-07+529→ 4,586.785 total - Exercise/Conversion
Restricted Stock Units
2019-06-07−529→ 2,551 totalExercise: $0.00→ Common Stock (529 underlying)
Footnotes (3)
- [F1]Represents shares withheld for taxes in connection with Restricted Stock Units ("RSUs") that vested on June 7, 2019.
- [F2]Includes accrued Dividend Equivalent Shares (referred to as "DES", as defined in the Issuer's 2015 Omnibus Equity Compensation Plan) in the amount of 18.5121 shares. The DES were accrued from June 7, 2018 through June 7, 2019.
- [F3]Represents 2018 One-Time Recognition Restricted Stock Units ("RSUs") granted pursuant to the South Jersey Industries, Inc. 2015 Omnibus Equity Compensation Plan. The Reporting Person reported the vesting of 511 RSUs granted to the Reporting Person on June 7, 2018 in Table I of the Form 4 filed on June 11, 2018, which is approximately one-third of the 1,532 RSUs that were granted to the Reporting Person on June 7, 2018. Such RSUs vest over a three year period, with the first tranche of 511 RSUs units having vested on June 7, 2018 and reported on a Form 4 filed on June 11, 2018 , the second tranche of RSUs 511 vested on June 7, 2019 and the last tranche of 510 RSUs will vest on June 7, 2020, provided that the Reporting Person remains employed by the Issuer.