Roberto Bel - Apr 1, 2022 Form 4 Insider Report for NEW JERSEY RESOURCES CORP (NJR)

Role
SVP and CFO
Signature
/s/Richard Reich
Stock symbol
NJR
Transactions as of
Apr 1, 2022
Transactions value $
-$55,283
Form type
4
Date filed
4/4/2022, 02:29 PM
Previous filing
Jan 3, 2022
Next filing
Oct 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NJR Common Stock Tax liability -$55.3K -1.17K -8.39% $47.17 12.8K Apr 1, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to pay taxes due upon vesting of the third and final tranche of the Restricted Stock Unit (RSU) award granted on April 1, 2019.
F2 Total adjusted for 224 accrued dividend equivalents payable upon vesting of RSUs. Each RSU and dividend equivalent converts into one share of New Jersey Resources Corporation Common Stock upon vesting.