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