Robbins David Jr 4
4 · SOUTH JERSEY INDUSTRIES INC · Filed Mar 3, 2021
Insider Transaction Report
Form 4
Robbins David Jr
Senior Vice President
Transactions
- Exercise/Conversion
Common Stock
2021-03-01+9,783→ 46,457.29 total - Tax Payment
Common Stock
2021-03-01$25.11/sh−3,041$76,360→ 43,416.29 total
Holdings
- 15,532.136(indirect: By 401(k))
Common Stock
- 539.235(indirect: By Daughter)
Common Stock
Footnotes (5)
- [F1]The shares were acquired pursuant to the vesting of performance restricted stock units (PRSU) that were granted on January 1, 2018 with a performance period beginning on January 1, 2018 and ending on December 31, 2020. Vesting of 50% of the PRSU granted was contingent upon achieving an Economic Earnings compound annual growth rate (CAGR) performance hurdle and vesting of 50% of the PRSU granted was contingent upon achieving a relative total shareholder return (TSR) performance hurdle. The CAGR performance hurdle was achieved above threshold at 18.4% with a payout of 200%. The TSR performance hurdle was not achieved. The overall payout of the PRSU was 100%.
- [F2]Includes accrued Dividend Equivalent Shares (referred to as "DES" as defined in the Issuer's 2015 Omnibus Equity Compensation Plan) on the outstanding RSU.
- [F3]Includes 4,633 shares transferred to reporting person by a family member on February 17, 2021.
- [F4]Represents shares withheld for taxes on the 2018 performance RSU that vested on March 1, 2021.
- [F5]Includes additional contributions to 401(k).