Cocchi Steven R 4
4 · SOUTH JERSEY INDUSTRIES INC · Filed May 6, 2022
Insider Transaction Report
Form 4
Cocchi Steven R
SVP, Strategy & Growth
Transactions
- Tax Payment
Common Stock
2022-05-04$34.10/sh−757$25,814→ 19,204.357 total - Exercise/Conversion
Common Stock
2022-05-04+1,632.078→ 19,961.357 total - Other
Restricted Stock Units
2022-05-04+94.013→ 10,559.326 totalExercise: $0.00→ Common Stock (94.013 underlying) - Exercise/Conversion
Restricted Stock Units
2022-05-04−1,632.078→ 8,927.248 totalExercise: $0.00→ Common Stock (1,632.078 underlying)
Footnotes (4)
- [F1]Represents 2021 Annual RSU award granted pursuant to the South Jersey Industries, Inc. 2015 Omnibus Equity Compensation Plan. Subject to certain exceptions, approximately one-third of the RSU vested on May 4, 2022, one-third of the RSU shall vest on January 2, 2023 and one-third of the RSU shall vest on January 2, 2024, 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 on the first tranche of the 2021 time-based RSU that vested on May 4, 2022.
- [F4]Represents DES accrued on outstanding Restricted Stock Units.