David Trice - Jan 20, 2022 Form 4 Insider Report for NEW JERSEY RESOURCES CORP (NJR)

Role
Director
Signature
/s/ Richard Reich, as attorney-in-fact for David A. Trice
Stock symbol
NJR
Transactions as of
Jan 20, 2022
Transactions value $
$4,314
Form type
4
Date filed
1/24/2022, 05:08 PM
Previous filing
May 11, 2021
Next filing
Jan 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NJR Common Stock Options Exercise $123K +3.19K +27.54% $38.69 14.8K Jan 20, 2022 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NJR Restricted Stock Units Options Exercise -$119K -3.08K -100% $38.69 0 Jan 20, 2022 Common Stock 3.08K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Total shares include 111.052 dividend equivalents accrued on Restricted Stock Units ("RSUs") plus .441 shares for rounding shares to the next whole share.
F2 Total increased by .309 shares accrued through dividends.
F3 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of New Jersey Resources ("NJR's") common stock plus dividend equivalents.
F4 Represents 100 percent vesting of RSUs granted on January 20, 2021. RSUs converted one for one into shares of NJR common stock. There is no purchase or sale price upon vesting of RSUs.