4//SEC Filing
Orsen Melissa 4
Accession 0001562180-22-002357
CIK 0000091928other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 9:50 PM ET
Size
10.3 KB
Accession
0001562180-22-002357
Insider Transaction Report
Form 4
Orsen Melissa
SVP & Corporate Counsel
Transactions
- Exercise/Conversion
Common Stock
2022-03-01+4,674→ 14,345.193 total - Tax Payment
Common Stock
2022-03-01$33.93/sh−1,817$61,651→ 12,528.193 total
Footnotes (2)
- [F1]The shares were acquired pursuant to the vesting of performance restricted stock units (PRSU) that were granted on April 22, 2019 with a performance period beginning on January 1, 2019 and ending on December 31, 2021. Vesting of 50% of the PRSU granted was contingent upon achieving an Earnings Per Share Compound Annual Growth Rate (EPS CAGR) performance hurdle and vesting of 50% of the PRSU granted was contingent upon achieving a relative total shareholder return (rTSR) performance hurdle. The EPS CAGR performance hurdle was achieved reaching threshold at 5.5% with a payout of 50%. The rTSR performance hurdle was achieved above threshold at 41.6% with a payout of 72%.
- [F2]Represents shares withheld for taxes on the 2019 performance RSU that vested on March 1, 2022.
Issuer
SOUTH JERSEY INDUSTRIES INC
CIK 0000091928
Entity typeother
Related Parties
1- filerCIK 0001727008
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 9:50 PM ET
- Size
- 10.3 KB