Eric Moss Stein - 04 May 2022 Form 4 Insider Report for SOUTH JERSEY INDUSTRIES INC

Role
SVP, General Counsel
Signature
/s /Lauren Hemple, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
04 May 2022
Net transactions value
-$16,266
Form type
4
Filing time
06 May 2022, 17:30:23 UTC
Previous filing
11 Mar 2022
Next filing
22 Nov 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 +1,422 +43% $0.000000 4,727 04 May 2022 Direct F1, F2
transaction SJI Common Stock Tax liability $16,266 -477 -10% $34.10 4,250 04 May 2022 Direct F3

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 Other $0 +83 +0.9% $0.000000 9,340 04 May 2022 Common Stock 83 $0.000000 Direct F4
transaction SJI Restricted Stock Units Options Exercise $0 -1,423 -15% $0.000000 7,918 04 May 2022 Common Stock 1,423 $0.000000 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 2021 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 May 4, 2022, one-third of the RSU shall vest on January 2, 2023 and one-third of the RSU shall vest on January 2, 2024, 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 on the first tranche of the 2021 time-based RSU that vested on May 4, 2022
F4 Represents DES accrued on outstanding Restricted Stock Units.