0001562180-21-001916.txt : 20210303
0001562180-21-001916.hdr.sgml : 20210303
20210303163847
ACCESSION NUMBER: 0001562180-21-001916
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20210301
FILED AS OF DATE: 20210303
DATE AS OF CHANGE: 20210303
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: 21709639
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
2021-03-01
false
0000091928
SOUTH JERSEY INDUSTRIES INC
SJI
0001705177
Cocchi Steven R
1 SOUTH JERSEY PLAZA
FOLSOM
NJ
08037
false
true
false
false
SVP & Chief Financial Officer
Common Stock
2021-03-01
4
M
false
5939.00
0.00
A
15443.6153
D
Common Stock
2021-03-01
4
F
false
1928.00
25.11
D
13515.6153
D
The shares were acquired pursuant to the vesting of performance restricted stock units (PRSU) that were granted on January 1, 2018 with a performance period beginning on January 1, 2018 and ending on December 31, 2020. Vesting of 50% of the PRSU granted was contingent upon achieving an Economic Earnings compound annual growth rate (CAGR) performance hurdle and vesting of 50% of the PRSU granted was contingent upon achieving a relative total shareholder return (TSR) performance hurdle. The CAGR performance hurdle was achieved above threshold at 18.4% with a payout of 200%. The TSR performance hurdle was not achieved. The overall payout of the PRSU was 100%.
Includes accrued Dividend Equivalent Shares (referred to as "DES", as defined in the Issuer's 2015 Omnibus Equity Compensation Plan).
Represents shares withheld for taxes on the 2018 performance RSU that vested on March 1, 2021.
/s /Lauren Hemple, Attorney-in-Fact
2021-03-03
EX-24
2
scpoa.txt
COCCHI POA 2019
POWER OF ATTORNEY
Know all by these presents, that the undersigned hereby
constitutes and appoints Edythe Nipper and Lauren Hemple signing singly,
with full power of substitution, the undersigned's true and lawful
attorney-in-fact to:
(1) execute for and on behalf of the undersigned, forms and
authentication documents for EDGAR Filing Access;
(2) do and perform any and all acts for and on behalf of the
undersigned which may be necessary or desirable to complete
and execute any such forms and authentication documents;
(3) execute for and on behalf of the undersigned, in the
undersigned's capacity as an officer, director and/or 10%
shareholder of the Company, Forms 3, 4 and 5 in accordance
with Section 16(a) of the Securities Exchange Act of 1934
and the rules thereunder;
(4) do and perform any and all acts for and on behalf of the
undersigned which may be necessary or desirable to complete
and execute any such Form 3, 4 or 5 and timely file such
form with the United States Securities and Exchange
Commission and any stock exchange or similar authority; and
(5) take any other action of any type whatsoever in connection
with the foregoing which, in the opinion of such attorney-
in-fact, may be of benefit to, in the best interest of, or
legally required by, the undersigned, it being understood
that the documents executed by such attorney-in-fact, on
behalf of the undersigned pursuant to this Power of
Attorney, shall be in such form and shall contain such
terms and conditions as such attorney-in-fact may approve
in such attorney-in-fact's discretion.
The undersigned hereby grants to each such attorney-in-fact full
power and authority to do and perform any and every act and thing
whatsoever requisite, necessary, or proper to be done in the exercise
of any of the rights and powers herein granted, as fully to all
intents and purposes as the undersigned might or could do if
personally present, with full power of substitution or revocation,
hereby ratifying and confirming all that such attorney-in-fact, or
such attorney-in-fact's substitute or substitutes, shall lawfully do
or cause to be done by virtue of this power of attorney and the
rights and powers herein granted. The undersigned acknowledges that
the foregoing attorneys-in-fact, in serving in such capacity at the
request of the undersigned, is not assuming, nor is the Company
assuming, any of the undersigned's responsibilities to comply with
Section 16 of the Securities Exchange Act of 1934.
This Power of Attorney shall remain in full force and effect
until the undersigned is no longer required to file Forms 3, 4 and 5
with respect to the undersigned's holdings of and transactions in
securities issued by the Company, unless earlier revoked by the
undersigned in a signed writing delivered to the foregoing attorneys-
in-fact.
IN WITNESS WHEREOF, the undersigned has caused this Power of
Attorney to be executed this 28th day of May 2019.
/s/ Steven R. Cocchi
Steven R. Cocchi
SVP & Chief Strategy and Development Officer
South Jersey Industries, Inc.