Amanda Mullan - 10 Nov 2021 Form 4 Insider Report for NEW JERSEY RESOURCES CORP (NJR)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
12 Nov 2021, 19:38:12 UTC
Prior SEC filing
19 Oct 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Richard Reich, as attorney-in-fact for Amanda Mullan

Key filing fact

Amanda Mullan filed Form 4 for NEW JERSEY RESOURCES CORP (NJR) on 12 Nov 2021.

Key facts

  • This page summarizes Amanda Mullan's Form 4 filing for NEW JERSEY RESOURCES CORP (NJR).
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 12 Nov 2021, 19:38.

Change

  • Previous filing in this sequence was filed on 19 Oct 2021.
  • Current net transaction value: +$244,653.

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.

NJR transaction

Common Stock

Award

Transaction value
$75,272
Shares
+1,938
Change %
+6.7%
Price
$38.84
Shares after
30,925
Date
10 Nov 2021
Ownership
Direct
Footnotes
F1
NJR transaction

Common Stock

Tax liability

Transaction value
$37,092
Shares
-955
Change %
-3.1%
Price
$38.84
Shares after
29,970
Date
10 Nov 2021
Ownership
Direct
Footnotes
F2
NJR transaction

Common Stock

Award

Transaction value
$206,473
Shares
+5,316
Change %
+18%
Price
$38.84
Shares after
35,288
Date
10 Nov 2021
Ownership
Direct
Footnotes
F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Represents number of performance share units, which vested at 93 percent of target (plus 186 dividend equivalents), after a 36-month period beginning on October 1, 2018, upon certification by the Leadership Development and Compensation Committee (LDCC) of New Jersey Resources Corporation's (NJR's) performance versus the applicable performance goal. Performance share units and dividend equivalents convert into one share of NJR Common Stock upon vesting.

Footnote F2

Represents shares withheld to pay taxes due upon vesting of performance share units.

Footnote F3

Represents grant of restricted stock units (RSUs) under the NJR 2017 Stock Award and Incentive Plan. RSUs vest in three equal annual installments on October 15, 2022, October 15, 2023, and October 15, 2024 and each RSU represents a contingent right to receive one share of NJR Common Stock.

Footnote F4

Total reflects adjustment for dividend accrual.

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