Form 4 for NJR NEW JERSEY RESOURCES CORP

Accepted 2022-01-12 00:00:00 ET · period of report 2022-01-10 · accession 0000356309-22-000008 · 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	2022-01-12	2022-01-10	NJR	KENNY JANE M	Dir	M - OptEx	$0.00	+3,324	22.9K	+17%	$0
D	2022-01-12	2022-01-10	NJR	KENNY JANE M	Dir	M - OptEx	$40.66	-3,324	5,732	-37%	-$135.2K

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2022-01-10	M	A	3,324	$0.00	22,918.16	D	—	—	(F1) Total includes an accrual of 475.370 shares of dividends through the New Jersey Resources Corporation (NJR) Directors' Deferred Compensation Plan; value of .370 shares of NJR Common Stock was distributed in cash.
2	Derivative	Phantom Stock Units	2022-01-10	M	D	3,324.37	$40.66	5,732.37	D	— · — to —	3,324.37 Common Stock	(F3) The Phantom Stock Units represent director fees for 2017 that were deferred pursuant to the NJR Directors' Deferred Compensation Plan and are being paid out in a lump sum as previously elected by the director. (F5) Total includes an accrual of 625.372 shares of dividends through NJR's Directors Deferred Compensation Plan. (F2) Each Phantom Stock Unit is the economic equivalent of one (1) share of NJR Common Stock. (F4) The Phantom Stock Units represent director fees for 2018 and 2019 that are deferred pursuant to the NJR Directors' Deferred Compensation Plan and will be paid out in a lump sum the earlier of 1/1/2023 and 1/1/2024, respectively, or when the director ceases to be a director.