Hernandez Cielo 4
4 · SOUTH JERSEY INDUSTRIES INC · Filed Jan 16, 2020
Insider Transaction Report
Form 4
Hernandez Cielo
SVP & CFO
Transactions
- Exercise/Conversion
Restricted Stock Units
2020-01-14+123.684→ 7,255.684 totalExercise: $0.00→ Common Stock (224.551 underlying) - Award
Restricted Stock Units
2020-01-14−1,763.842→ 5,491.842 totalExercise: $0.00→ Common Stock (1,763.842 underlying) - Exercise/Conversion
Common Stock
2020-01-14+1,763→ 1,763 total - Tax Payment
Common Stock
2020-01-14$31.74/sh−648$20,568→ 1,115 total
Footnotes (4)
- [F1]Includes accrued Dividend Equivalent Shares (referred to as "DES", as defined in the Issuer's 2015 Omnibus Equity Compensation Plan) on the new hire 2019 grant of RSUs that vested on January 14, 2020. The DES were accrued from January 1, 2019 through December 27, 2019.
- [F2]Represents shares withheld for taxes on the 2019 time-based award that vested on January 14, 2020
- [F3]Represents accrued Dividend Equivalent Shares (referred to as "DES", as defined in the Issuer's 2015 Omnibus Equity Compensation Plan) on the 2019 grants of RSUs accrued between January 1, 2019 through December 27, 2019.
- [F4]Represents new hire 2019 RSU award granted pursuant to the South Jersey Industries, Inc. 2015 Omnibus Equity Compensation Plan. Subject to the reporting person remains employed by the issuer.