| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | NJR | Common Stock | Award | $53.7K | +1.38K | +10.97% | $38.84 | 14K | Nov 10, 2021 | Direct | F1 |
| transaction | NJR | Common Stock | Tax liability | -$26.5K | -681 | -4.87% | $38.84 | 13.3K | Nov 10, 2021 | Direct | F2 |
| transaction | NJR | Common Stock | Award | $121K | +3.1K | +23.33% | $38.84 | 16.4K | Nov 10, 2021 | Direct | F3 |
| transaction | NJR | Common Stock | Award | $120K | +3.09K | +18.83% | $38.84 | 19.5K | Nov 10, 2021 | Direct | F4, F5 |
| Id | Content |
|---|---|
| F1 | Represents number of performance share units, which vested at 93 percent of target (plus 134 dividend equivalents), after a 36-month period beginning on October 1, 2018, upon certification by the Leadership Development and Compensation Committee (LDCC) of New Jersey Resources Corporation's (NJR's) performance versus the applicable performance goal. Performance share units and dividend equivalents convert into one share of NJR Common Stock upon vesting. |
| F2 | Represents shares withheld to pay taxes due upon vesting of performance share units. |
| F3 | Represents grant of restricted stock units (RSUs) under the NJR 2017 Stock Award and Incentive Plan. RSUs vest in three equal annual installments on October 15, 2022, October 15, 2023, and October 15, 2024 and each RSU represents a contingent right to receive one share of NJR Common Stock. |
| F4 | Represents grant of deferred retention stock units (DRSUs) under the NJR 2017 Stock Award and Incentive Plan. Each DRSU will vest on October 15, 2024 and each DRSU represents a contingent right to receive one share of NJR Common Stock. |
| F5 | Total reflects adjustment for dividend accrual. |