Larkin Kathleen D 4
4 · SOUTH JERSEY INDUSTRIES INC · Filed May 12, 2021
Insider Transaction Report
Form 4
Larkin Kathleen D
SVP & CHRO
Transactions
- Tax Payment
Common Stock
2021-05-11$25.79/sh−410$10,574→ 897 total - Exercise/Conversion
Common Stock
2021-05-11+1,307→ 2,204 total - Exercise/Conversion
Common Stock
2021-05-11+1,307→ 1,307 total - Tax Payment
Common Stock
2021-05-11$25.79/sh−410$10,574→ 1,794 total - Award
Restricted Stock Units
2021-05-11−1,307.361→ 8,669.326 totalExercise: $0.00→ Common Stock (1,307.361 underlying)
Footnotes (4)
- [F1]Represents new hire Inducement Equity Grant issued pursuant to the South Jersey Industries, Inc. 20215 Omnibus Equity Compensation Plan. Subject to certain exceptions, 1,239 RSUs shall vest on May 11, 2021, 1,416 shall vest on January 3, 2022, and 1,594 shall vest on January 2, 2023, provided that the reporting person remains employed by the issuer.
- [F2]Includes accrued Dividend Equivalent Shares (referred to as "DES", as defined in the Issuer's 2015 Omnibus Equity Compensation Plan).
- [F3]Represents shares withheld for taxes in connection with Restricted Stock Units ("RSUs") that vested on May 11, 2021.
- [F4]The shares were acquired pursuant to the vesting of performance restricted stock units (PRSU) that were granted on May 11, 2020 with a performance period beginning on May 11, 2020 and ending on December 31, 2020. Vesting of this PRSU was subject to meeting the annual individual performance goals and the grantee remaining employed on the vest date. The overall payout of the PRSU was 100%.