David A. Trice - 26 Jan 2022 Form 4 Insider Report for NEW JERSEY RESOURCES CORP (NJR)

Reporting relationship: Director
Issuer ticker: NJR
Reported as of: 26 Jan 2022
Net transaction value: +$115,000
SEC form: 4
Accepted by SEC: 28 Jan 2022, 10:29:09 UTC
Prior SEC filing: 24 Jan 2022
Next SEC filing: 10 May 2022
Source filing: View source filing
Reporting owner signature: /s/ Richard Reich, as attorney-in-fact for David A. Trice

Key filing fact

David A. Trice filed Form 4 for NEW JERSEY RESOURCES CORP (NJR) on 28 Jan 2022.

Key facts

This page summarizes David A. Trice's Form 4 filing for NEW JERSEY RESOURCES CORP (NJR).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 28 Jan 2022, 10:29.

Change

Previous filing in this sequence was filed on 24 Jan 2022.
Current net transaction value: +$115,000.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NJR transaction Derivative

Restricted Stock Units

Award

Transaction value: $115,000
Shares: +2,942
Change %
Price: $39.09
Shares after: 2,942
Date: 26 Jan 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,942
Exercise price
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of New Jersey Resources Corporation ("NJR") common stock plus dividend equivalents.

Footnote F2

Reporting person has elected to defer issuance of shares of this RSU award upon vesting pursuant to the NJR Directors' Deferred Compensation Plan. Vested shares and dividend equivalents will be paid out in four (4) annual installments beginning on the first day of the second month of the calendar quarter in which the reporting person ceases to be a Director.

Footnote F3

The RSU award will vest in full on the earlier of (i) the first anniversary of the date of grant, or (ii) the date of the next NJR Annual Meeting of Shareowners.