0000356309-23-000073.txt : 20231117
0000356309-23-000073.hdr.sgml : 20231117
20231117211630
ACCESSION NUMBER: 0000356309-23-000073
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231115
FILED AS OF DATE: 20231117
DATE AS OF CHANGE: 20231117
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Shea Jacqueline K
CENTRAL INDEX KEY: 0001690332
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08359
FILM NUMBER: 231420574
MAIL ADDRESS:
STREET 1: 1415 WYCKOFF ROAD
CITY: WALL
STATE: X1
ZIP: 07719
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NEW JERSEY RESOURCES CORP
CENTRAL INDEX KEY: 0000356309
STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS DISTRIBUTION [4924]
IRS NUMBER: 222376465
STATE OF INCORPORATION: NJ
FISCAL YEAR END: 0930
BUSINESS ADDRESS:
STREET 1: 1415 WYCKOFF RD
STREET 2: PO BOX 1468
CITY: WALL
STATE: NJ
ZIP: 07719
BUSINESS PHONE: 7329381000
MAIL ADDRESS:
STREET 1: 1415 WYCKOFF ROAD
STREET 2: P O BOX 1468
CITY: WALL
STATE: NJ
ZIP: 07719
4
1
wk-form4_1700273781.xml
FORM 4
X0508
4
2023-11-15
0
0000356309
NEW JERSEY RESOURCES CORP
NJR
0001690332
Shea Jacqueline K
1415 WYCKOFF ROAD
WALL
NJ
07719
0
1
0
0
SVP, Chief Information Officer
0
Common Stock
2023-11-15
4
A
0
3966
42.55
A
27595.717
D
Common Stock
2023-11-15
4
A
0
2348
42.55
A
29943.717
D
Common Stock
2023-11-15
4
F
0
1159
42.55
D
28784.717
D
Common Stock
2023-11-15
4
A
0
2490
42.55
A
31274.717
D
Common Stock
2023-11-15
4
F
0
1228
42.55
D
30046.717
D
Phantom Stock
2023-11-15
4
A
0
622
42.55
A
Common Stock
622
622
D
Phantom Stock
2023-11-15
4
F
0
15
42.55
D
Common Stock
15
607
D
Phantom Stock
2023-11-15
4
A
0
587
42.55
A
Common Stock
587
1194
D
Phantom Stock
2023-11-15
4
F
0
14
42.55
D
Common Stock
14
1180
D
Represents grant of restricted stock units (RSUs) under the New Jersey Resources Corporation (NJR) 2017 Stock Award and Incentive Plan. RSUs vest in three equal annual installments on October 15, 2024, October 15, 2025 and October 15, 2026, and each RSU represents a contingent right to receive one share of NJR Common Stock.
Represents number of performance share units, which vested at 150 percent of target (plus 241 dividend equivalents), after a 36-month period beginning on October 1, 2020, upon certification by the Leadership Development and Compensation Committee (LDCC) of NJR performance versus the applicable performance goal. Performance share units and dividend equivalents convert into one share of NJR Common Stock upon vesting.
Represents shares withheld to pay taxes due upon vesting of performance share units.
Represents number of performance share units, which vested at 150 percent of target (plus 256 dividend equivalents), after a 36-month period beginning on October 1, 2020, upon certification by the LDCC of NJR's performance versus the applicable performance goal. Performance share units and dividend equivalents convert into one share of NJR Common Stock upon vesting.
The phantom stock units represent performance share unit awards that have vested and have been deferred pursuant to NJR's Officer Deferred Compensation Plan and are to be paid out in five annual installments beginning in January 2025. Each share of phantom stock is the economic equivalent of one share of NJR Common Stock.
/s/ Tejal K. Mehta, as attorney-in-fact for Jacqueline K. Shea
2023-11-17