Form 4 for NJR NEW JERSEY RESOURCES CORP
Accepted 2021-10-19 00:00:00 ET · period of report 2021-10-15 · accession 0000356309-21-000074 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2021-10-19 | 2021-10-15 | NJR | Migliaccio Patrick J. | CFO, Senior VP | F - Tax | $37.70 | -5,565 | 36.9K | -13% | -$209.8K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-10-15 | F | D | 1,090 | $37.70 | 35,964.84 | D | — | — | (F3) Represents shares withheld to pay taxes due upon vesting of the second tranche of the RSU award previously granted on November 12, 2019. The final tranche will vest on October 15, 2022. (F4) Total adjusted for 160 accrued dividend equivalents payable upon vesting of RSUs. Each RSU and dividend equivalent converts into one share of NJR Common Stock upon vesting. |
| 2 | Common | Common Stock | 2021-10-15 | F | D | 1,365 | $37.70 | 34,695.84 | D | — | — | (F5) Represents shares withheld to pay taxes due upon vesting of the first tranche of the RSU award previously granted on November 9, 2020. The second and third tranches will vest on October 15, 2022 and October 15, 2023, respectively. (F6) Total adjusted for 96 accrued dividend equivalents payable upon vesting of RSUs. Each RSU and dividend equivalent converts into one share of NJR Common Stock upon vesting. |
| 3 | Common | Common Stock | 2021-10-15 | F | D | 2,269 | $37.70 | 33,083.64 | D | — | — | (F7) Represents shares withheld to cover taxes due upon vesting of the Deferred Stock Unit (DSU) award previously granted on November 13, 2018. (F8) Total adjusted for 438 accrued dividend equivalents payable upon vesting of DSUs and includes 218.794 shares accrued through dividends under the NJR Employee Retirement Savings 401(k) Plan. Each DSU and dividend equivalent converts into one share of NJR Common Stock upon vesting. |
| 4 | Common | Common Stock | 2021-10-15 | F | D | 841 | $37.70 | 36,894.84 | D | — | — | (F1) Represents shares withheld to pay taxes due upon vesting of the third and final tranche of the Restricted Stock Unit (RSU) award previously granted on November 13, 2018. (F2) Total adjusted for 164 accrued dividend equivalents payable upon vesting of RSUs. Each RSU and dividend equivalent converts into one share of New Jersey Resources Corporation (NJR) Common Stock upon vesting. |