Karen L. Phillips - Feb 1, 2023 Form 4 Insider Report for SOUTH JERSEY INDUSTRIES INC (SJI)

Role: SVP, Human Resources
Signature: /s/ Lauren Hemple, as Attorney-in-Fact
Stock symbol: SJI
Transactions as of: Feb 1, 2023
Transactions value $: -$93,707
Form type: 4
Date filed: 2/1/2023, 03:23 PM
Previous filing: Mar 11, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SJI	Common Stock	Disposed to Issuer	-$93.7K	-2.6K	-100%	$36.00	0	Feb 1, 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Karen L. Phillips is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Disposed of pursuant to the Agreement and Plan of Merger, dated as of February 23, 2022, by and among the Issuer, NJ Boardwalk Holdings LLC, a Delaware limited liability company ("Parent"), Boardwalk Merger Sub, Inc., a New Jersey corporation and a wholly owned subsidiary of Parent, in exchange for cash consideration of $36.00 per share of common stock of the Issuer (the "Merger Consideration") on the effective date of the merger.
F2	Includes shares acquired through dividend reinvestment.

Content

Disposed of pursuant to the Agreement and Plan of Merger, dated as of February 23, 2022, by and among the Issuer, NJ Boardwalk Holdings LLC, a Delaware limited liability company ("Parent"), Boardwalk Merger Sub, Inc., a New Jersey corporation and a wholly owned subsidiary of Parent, in exchange for cash consideration of $36.00 per share of common stock of the Issuer (the "Merger Consideration") on the effective date of the merger.

Includes shares acquired through dividend reinvestment.