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

Signature
/s/ Richard Reich, as attorney-in-fact for Timothy F. Shea
Issuer symbol
NJR
Transactions as of
15 Oct 2021
Net transactions value
-$325,087
Form type
4
Filing time
19 Oct 2021, 18:57:10 UTC
Previous filing
15 Jul 2021
Next filing
12 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NJR Common Stock Tax liability $325,087 -8,623 -27% $37.70 23,016 15 Oct 2021 Direct F1, F2
holding NJR Common Stock 29 15 Oct 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.