Form 4 for NJR NEW JERSEY RESOURCES CORP
Accepted 2023-10-16 00:00:00 ET · period of report 2023-10-15 · accession 0000356309-23-000058 · 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 | 2023-10-16 | 2023-10-15 | NJR | Shea Jacqueline K | VP, CIO | F - Tax | $42.05 | -1,733 | 23.6K | -7% | -$72.9K |
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 | 2023-10-15 | F | D | 643 | $42.05 | 24,087.60 | 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 9, 2020. (F2) Total adjusted for 134 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. |
| 2 | Common | Common Stock | 2023-10-15 | F | D | 544 | $42.05 | 23,629.72 | D | — | — | (F5) Represents shares withheld to pay taxes due upon vesting of the first tranche of the RSU award previously granted on November 10, 2022. The second and third tranches will vest on October 15, 2024 and October 15, 2025, respectively. (F6) Total adjusted for 41 accrued dividend equivalents payable upon vesting of RSUs and includes 517.121 shares accrued through dividends under the NJR Dividend and Reinvestment Plan. Each RSU and dividend equivalent converts into one share of NJR Common Stock upon vesting. |
| 3 | Common | Common Stock | 2023-10-15 | F | D | 546 | $42.05 | 23,615.60 | D | — | — | (F3) Represents shares withheld to pay taxes due upon vesting of the second tranche of the RSU award previously granted on November 10, 2021. The final tranche will vest on October 15, 2024. (F4) Total adjusted for 74 accrued dividend equivalents payable upon vesting of RSUs. Each RSU and dividend equivalent converts into one share of NJR Common Stock upon vesting. |