Melissa Orsen - 01 Feb 2023 Form 4 Insider Report for SOUTH JERSEY INDUSTRIES INC

Signature
/s/ Lauren Hemple, as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
01 Feb 2023
Net transactions value
-$557,433
Form type
4
Filing time
01 Feb 2023, 15:23:28 UTC
Previous filing
05 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SJI Common Stock Disposed to Issuer $557,433 -15,484 -100% $36.00 0 01 Feb 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Melissa Orsen 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.