Form 4 for NJR NEW JERSEY RESOURCES CORP
Accepted 2021-11-12 00:00:00 ET · period of report 2021-11-10 · accession 0000356309-21-000093 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-11-12 | 2021-11-10 | NJR | Valori Mark F. | VP, Subsidiary | A - Grant | $38.84 | +2,422 | 14.7K | +20% | +$94.1K |
| D | 2021-11-12 | 2021-11-10 | NJR | Valori Mark F. | VP, Subsidiary | A - Grant | $38.84 | +644 | 644 | New | +$25.0K |
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 | 2021-11-10 | A | A | 2,422 | $38.84 | 14,681.50 | D | — | — | (F1) Represents grant of restricted stock units (RSUs) under the New Jersey Resources Corporation (NJR) 2017 Stock Award and Incentive Plan. RSUs vest in three equal annual installments on October 15, 2022, October 15, 2023, and October 15, 2024 and each RSU represents a contingent right to receive one share of NJR Common Stock. (F2) Total reflects adjustment for dividend accrual. |
| 2 | Derivative | Phantom Stock | 2021-11-10 | A | A | 644 | $38.84 | 644 | D | — · — to — | 644 Common Stock | (F3) The phantom stock represents performance share unit awards that have vested and have been deferred pursuant to NJR's Officer Deferred Compensation Plan and are to be paid out in a lump sum upon the officer's retirement. Each share of phantom stock is the economic equivalent of one share of NJR Common Stock. |