Timothy F. Shea - Oct 15, 2021 Form 4 Insider Report for NEW JERSEY RESOURCES CORP (NJR)

Role
Vice President, Subsidiary
Signature
/s/ Richard Reich, as attorney-in-fact for Timothy F. Shea
Stock symbol
NJR
Transactions as of
Oct 15, 2021
Transactions value $
-$325,087
Form type
4
Date filed
10/19/2021, 06:57 PM
Previous filing
Jul 15, 2021
Next filing
Nov 12, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NJR Common Stock Tax liability -$325K -8.62K -27.25% $37.70 23K Oct 15, 2021 Direct F1, F2
holding NJR Common Stock 28.7 Oct 15, 2021 By NJR Employees' Retirement Savings Plan F3
* 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 1,668 accrued dividend equivalents payable upon vesting of DSUs and includes .988 shares acquired under the NJR dividend reinvestment plan. Each DSU and dividend equivalent converts into one share of NJR Common Stock upon vesting.
F3 Based on plan shares as of the end of the most recent fiscal quarter.