Michael J. Renna - 15 Jun 2021 Form 4 Insider Report for SOUTH JERSEY INDUSTRIES INC

Role: President & CEO, Director
Signature: /s /Lauren Hemple, Attorney-in-Fact
Issuer symbol: N/A
Transactions as of: 15 Jun 2021
Net transactions value: -$82,407
Form type: 4
Filing time: 16 Jun 2021, 17:21:49 UTC
Next filing: 04 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SJI	Common Stock	Options Exercise	$0	+7,161	+5.8%	$0.000000	129,637	15 Jun 2021	Direct	F1, F2
transaction	SJI	Common Stock	Tax liability	$82,407	-3,033	-2.3%	$27.17	126,604	15 Jun 2021	Direct	F3
holding	SJI	Common Stock						24,343	15 Jun 2021	401k	F4
holding	SJI	Common Stock						3,270	15 Jun 2021	Family Trust

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	SJI	Restricted Stock Units	Options Exercise	$0	-7,161	-15%	$0.000000	42,061	15 Jun 2021	Common Stock	7,161	$0.000000	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents 2020 Annual RSU award granted pursuant to the South Jersey Industries, Inc. 2015 Omnibus Equity Compensation Plan. Subject to certain exceptions, approximately one-third of the RSU vested on June 15, 2021, one-third of the RSU shall vest January 3, 2022 and one-third of the RSU shall vest on January 2, 2023, provided that the reporting person remains employed by the issuer.
F2	Includes accrued Dividend Equivalent Shares (referred to as "DES", as defined in the Issuer's 2015 Omnibus Equity Compensation Plan).
F3	Represents shares withheld for taxes in connection with Restricted Stock Units ("RSUs") that vested on June 15, 2021.
F4	Includes additional contributions to 401(k) and accrued Dividend Equivalent Shares (referred to as "DES", as defined in the Issuer's 2015 Omnibus Equity Compensation Plan).