Form 4 for NJR NEW JERSEY RESOURCES CORP
Accepted 2023-01-27 00:00:00 ET · period of report 2023-01-25 · accession 0000356309-23-000028 · 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 | 2023-01-27 | 2023-01-25 | NJR | Hardwick M Susan | Dir | M - OptEx | $0.00 | +3,042 | 6,233 | +95% | $0 |
| D | 2023-01-27 | 2023-01-25 | NJR | Hardwick M Susan | Dir | A - Grant | $0.00 | +2,521 | 2,521 | New | $0 |
| D | 2023-01-27 | 2023-01-25 | NJR | Hardwick M Susan | Dir | M - OptEx | $0.00 | -2,942 | 0 | -100% | $0 |
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 | 2023-01-25 | M | A | 3,042 | $0.00 | 6,233 | D | — | — | (F1) Total shares include 99.326 dividend equivalents accrued on Restricted Stock Units ("RSUs") plus .745 shares for rounding to the next whole share. |
| 2 | Derivative | Restricted Stock Units | 2023-01-25 | A | A | 2,521.18 | $0.00 | 2,521.18 | D | — · — to — | 2,521.18 Common Stock | (F2) Represents the annual RSU retainer pursuant to the Non-Employee Director Compensation Plan, as amended. Each RSU represents a contingent right to receive one share of New Jersey Resources Corporation ("NJR") common stock plus dividend equivalents. (F3) The RSU award will vest in full on the earlier of (i) the first anniversary of the date of grant, or (ii) the date of the next NJR Annual Meeting of Shareowners. |
| 3 | Derivative | Restricted Stock Units | 2023-01-25 | M | D | 2,941.93 | $0.00 | 0 | D | — · — to — | 2,941.93 Common Stock | (F2) Represents the annual RSU retainer pursuant to the Non-Employee Director Compensation Plan, as amended. Each RSU represents a contingent right to receive one share of New Jersey Resources Corporation ("NJR") common stock plus dividend equivalents. (F4) Represents 100 percent vesting of RSUs granted on January 26, 2022, pursuant to the Non-Employee Director Compensation Plan, as amended. RSUs converted one for one into shares of NJR common stock. |