M. Susan Hardwick - Jan 26, 2022 Form 4 Insider Report for NEW JERSEY RESOURCES CORP (NJR)

Role
Director
Signature
/s/ Richard Reich, as attorney-in-fact for M. Susan Hardwick
Stock symbol
NJR
Transactions as of
Jan 26, 2022
Transactions value $
$115,000
Form type
4
Date filed
1/28/2022, 10:28 AM
Previous filing
Jan 24, 2022
Next filing
Feb 2, 2022

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 Award $115K +2.94K $39.09 2.94K Jan 26, 2022 Common Stock 2.94K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of New Jersey Resources Corporation ("NJR") common stock plus dividend equivalents.
F2 The RSU award will vest in full on the earlier of (i) the first anniversary of the date of grant, or (ii) the date of the next NJR Annual Meeting of Shareowners.