Sunita Holzer - 01 Feb 2023 Form 4 Insider Report for SOUTH JERSEY INDUSTRIES INC

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 01 Feb 2023
Net transaction value: -$1,718,706
SEC form: 4
Accepted by SEC: 01 Feb 2023, 15:19:13 UTC
Prior SEC filing: 20 Jan 2023
Next SEC filing: 22 Jan 2024
Source filing: View source filing
Reporting owner signature: /s/ Lauren Hemple, as Attorney-in-Fact

Key filing fact

Sunita Holzer filed Form 4 for SOUTH JERSEY INDUSTRIES INC on 01 Feb 2023.

Key facts

This page summarizes Sunita Holzer's Form 4 filing for SOUTH JERSEY INDUSTRIES INC.
4 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 01 Feb 2023, 15:19.

Change

Previous filing in this sequence was filed on 20 Jan 2023.
Current net transaction value: -$1,718,706.

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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SJI transaction

Common Stock

Disposed to Issuer

Transaction value: $125,472
Shares: -3,485
Change %: -100%
Price: $36.00
Shares after: 0
Date: 01 Feb 2023
Ownership: Direct
Footnotes: F1, F2, F3

SJI transaction

Common Stock

Disposed to Issuer

Transaction value: $3,625
Shares: -101
Change %: -100%
Price: $36.00
Shares after: 0
Date: 01 Feb 2023
Ownership: Direct
Footnotes: F1, F3

SJI transaction

Common Stock

Disposed to Issuer

Transaction value: $1,459,001
Shares: -40,528
Change %: -100%
Price: $36.00
Shares after: 0
Date: 01 Feb 2023
Ownership: Direct
Footnotes: F1, F3

SJI transaction

Common Stock

Disposed to Issuer

Transaction value: $130,608
Shares: -3,628
Change %: -100%
Price: $36.00
Shares after: 0
Date: 01 Feb 2023
Ownership: Direct
Footnotes: F1

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

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Sunita Holzer is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

Disposed of pursuant to the Agreement and Plan of Merger, dated as of February 23, 2022, by and among the Issuer, NJ Boardwalk Holdings LLC, a Delaware limited liability company ("Parent"), Boardwalk Merger Sub, Inc., a New Jersey corporation and a wholly owned subsidiary of Parent, in exchange for cash consideration of $36.00 per share of common stock of the Issuer (the "Merger Consideration") on the effective date of the merger.

Footnote F2

Represents shares underlying restricted stock award which were converted into the right to receive cash in an amount equal to the number of shares of common stock of the Issuer multiplied by the Merger Consideration.

Footnote F3

Includes shares acquired through dividend reinvestment.