Melissa Orsen - 01 Jan 2022 Form 4 Insider Report for SOUTH JERSEY INDUSTRIES INC

Role
Senior Vice President
Signature
/s /Lauren Hemple, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
01 Jan 2022
Net transactions value
-$27,269
Form type
4
Filing time
04 Jan 2022, 20:41:01 UTC
Previous filing
17 Jun 2021
Next filing
03 Mar 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 +1,095 +13% $0.000000 9,394 01 Jan 2022 Direct F1, F2
transaction SJI Common Stock Tax liability $12,381 -474 -5% $26.12 8,920 01 Jan 2022 Direct F3
transaction SJI Common Stock Options Exercise $0 +1,317 +15% $0.000000 10,237 03 Jan 2022 Direct F2, F4
transaction SJI Common Stock Tax liability $14,888 -570 -5.6% $26.12 9,667 03 Jan 2022 Direct F5

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 -1,095 -15% $0.000000 6,152 01 Jan 2022 Common Stock 1,095 $0.000000 Direct F1, F2
transaction SJI Restricted Stock Units Award $0 +287 +4.7% $0.000000 6,439 01 Jan 2022 Common Stock 287 $0.000000 Direct F6
transaction SJI Restricted Stock Units Options Exercise $0 -1,317 -20% $0.000000 5,122 03 Jan 2022 Common Stock 1,317 $0.000000 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 2019 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 April 22, 2020, one-third of the RSU vested January 1, 2021 and one-third of the RSU vested on January 1, 2022, 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 that vested on January 1, 2022.
F4 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 vested on 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.
F5 Represents shares withheld for taxes in connection with Restricted Stock Units that vested on January 3, 2022.
F6 Represents DES accrued on outstanding Restricted Stock Units.