Stephen D. Westhoven - 15 Oct 2021 Form 4 Insider Report for NEW JERSEY RESOURCES CORP (NJR)

Role
President & CEO, Director
Signature
/s/ Richard Reich, as attorney-in-fact for Stephen D. Westhoven
Issuer symbol
NJR
Transactions as of
15 Oct 2021
Net transactions value
-$128,331
Form type
4
Filing time
19 Oct 2021, 18:55:40 UTC
Previous filing
04 Oct 2021
Next filing
12 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NJR Common Stock Tax liability $128,331 -3,404 -2.2% $37.70 153,431 15 Oct 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to cover taxes due upon vesting of the Deferred Stock Unit (DSU) award previously granted on November 13, 2018.
F2 Total adjusted for 658 accrued dividend equivalents payable upon vesting of DSUs and 43.217 shares accrued through dividends under the NJR Employee Retirement Savings 401(k) and Employee Stock Ownership Plans. Each DSU and dividend equivalent converts into one share of NJR Common Stock upon vesting.