| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SJI | Common Stock | Options Exercise | $0 | +26,666 | +19% | $0.000000 | 165,251 | 01 Mar 2022 | Direct | F1, F2 |
| transaction | SJI | Common Stock | Tax liability | $410,349 | -12,094 | -7.3% | $33.93 | 153,157 | 01 Mar 2022 | Direct | F3 |
| holding | SJI | Common Stock | 21,851 | 01 Mar 2022 | 401k | F4 | |||||
| holding | SJI | Common Stock | 3,270 | 01 Mar 2022 | Family Trust |
| Id | Content |
|---|---|
| F1 | The shares were acquired pursuant to the vesting of performance restricted stock units (PRSU) that were granted on April 22, 2019 with a performance period beginning on January 1, 2019 and ending on December 31, 2021. Vesting of 50% of the PRSU granted was contingent upon achieving an Earnings Per Share Compound Annual Growth Rate (EPS CAGR) performance hurdle and vesting of 50% of the PRSU granted was contingent upon achieving a relative total shareholder return (rTSR) performance hurdle. The EPS CAGR performance hurdle was achieved reaching threshold at 5.5% with a payout of 50%. The rTSR performance hurdle was achieved above threshold at 41.6% with a payout of 72%. |
| F2 | Due to an administrative error, the Form 4 filed on January 4, 2022 which reported the vesting of RSU, overstated the taxes withheld by 310 shares. The direct ownership balance reflects the corrected balance. |
| F3 | Represents shares withheld for taxes on the 2019 performance RSU that vested on March 1, 2022. |
| F4 | Includes additional contributions to 401(k) |