0001562180-19-001855.txt : 20190311 0001562180-19-001855.hdr.sgml : 20190311 20190311202046 ACCESSION NUMBER: 0001562180-19-001855 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190307 FILED AS OF DATE: 20190311 DATE AS OF CHANGE: 20190311 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Cocchi Steven R CENTRAL INDEX KEY: 0001705177 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-06364 FILM NUMBER: 19673693 MAIL ADDRESS: STREET 1: 1 SOUTH JERSEY PLAZA CITY: FOLSOM STATE: NJ ZIP: 08037 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SOUTH JERSEY INDUSTRIES INC CENTRAL INDEX KEY: 0000091928 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS DISTRIBUTION [4924] IRS NUMBER: 221901645 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1 SOUTH JERSEY PLAZA STREET 2: ROUTE 54 CITY: FOLSOM STATE: NJ ZIP: 08037 BUSINESS PHONE: 609-561-9000 MAIL ADDRESS: STREET 1: 1 SOUTH JERSEY PLAZA STREET 2: ROUTE 54 CITY: FOLSOM STATE: NJ ZIP: 08037 FORMER COMPANY: FORMER CONFORMED NAME: SOUTH JERSEY GAS CO DATE OF NAME CHANGE: 19700507 FORMER COMPANY: FORMER CONFORMED NAME: ATLANTIC CITY GAS CO DATE OF NAME CHANGE: 19680301 4 1 primarydocument.xml PRIMARY DOCUMENT X0306 4 2019-03-07 false 0000091928 SOUTH JERSEY INDUSTRIES INC SJI 0001705177 Cocchi Steven R 1 SOUTH JERSEY PLAZA FOLSOM NJ 08037 false true false true SVP & Chief Strategy Officer Development Officer Common Stock 2019-03-07 4 M false 1306.00 0.00 A 4964.4343 D Common Stock 2019-03-07 4 F false 468.00 29.65 D 4496.4343 D The shares were acquired pursuant to the vesting of performance based restricted stock units that were granted on January 1, 2016 with a performance period beginning on January 1, 2016 and ending on December 31, 2018 (PSUs). 1,702 PSUs were granted to the Reporting Person on January 1, 2016. Vesting of the up to 50% of the PSUs granted was contingent upon achieving an Economic Earnings compound annual growth rate (CAGR) performance hurdle and vesting of up to 50% of the PSUs granted was contingent upon achieving a relative total shareholder return (TSR) performance hurdle. The CAGR performance hurdle was achieved above threshold at 5.5% with a payout of 70.8%. The TSR performance hurdle was achieved above threshold at 40.3% with a payout of 67.7%. The overall all payout of the PSUs was 69.3%. Represents shares withheld to cover taxes on the 2016 performance-based restricted stock units Steven Cocchi 2019-03-11