| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SJI | Common Stock | Options Exercise | $0 | +952 | +13.07% | $0.00 | 8.23K | Mar 1, 2022 | Direct | F1, F2 |
| transaction | SJI | Common Stock | Tax liability | -$2.44K | -72 | -0.87% | $33.93 | 8.16K | Mar 1, 2022 | Direct | F3 |
| transaction | SJI | Common Stock | Options Exercise | $0 | +1.05K | +12.71% | $0.00 | 9.27K | May 4, 2022 | Direct | F2, F4 |
| transaction | SJI | Common Stock | Tax liability | -$818 | -24 | -0.26% | $34.10 | 9.25K | May 4, 2022 | Direct | F5 |
| 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 | +48.3 | +0.9% | $0.00 | 5.42K | May 4, 2022 | Common Stock | 48.3 | $0.00 | Direct | F6 |
| transaction | SJI | Restricted Stock Units | Options Exercise | $0 | -1.05K | -19.31% | $0.00 | 4.37K | May 4, 2022 | Common Stock | 1.05K | $0.00 | Direct | F4 |
| 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 | 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 2019 performance RSU that vested on March 1, 2022. |
| F4 | 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. |
| F5 | Represents shares withheld for taxes on the first tranche of the 2021 time-based RSU that vested on May 4, 2022. |
| F6 | Represents DES accrued on outstanding Restricted Stock Units. |