Accession Number: | 0000356309-19-000085 |
Date: | 2019-06-30 |
Issuer: | NEW JERSEY RESOURCES CORP (NJR) |
Original Submission Date: |
DOWNES LAURENCE M
C/O NEW JERSEY RESOURCES CORPORATION
1415 WYCKOFF ROAD
WALL, NJ 07719
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2019-06-30 | M | 380 | a | $49.77 | 427,466 | direct | ||
COMMON STOCK | 2019-06-30 | F | 187 | d | $49.77 | 427,279 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|---|---|---|---|---|---|---|---|---|---|---|---|
PERFORMANCE SHARES | 0.0 | 2019-06-30 | deemed execution date | M | 358 (d) | common stock 358 | $0.00 | 1,099 | direct |
ID | footnote |
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f1 | total reflects adjustment for accrued dividend equivalents payable upon vesting of performance-based restricted stock units. each performance-based restricted stock unit and dividend equivalent converts into one share of new jersey resources corporation (njr) common stock upon vesting. |
f2 | represents shares withheld to pay taxes related to monthly vesting of performance-based restricted stock units. |
f3 | represents pro-rata monthly vesting of performance-based restricted stock units due to satisfaction of applicable goal and eligibility of the executive for retirement. each performance-based restricted stock unit converts into one share of njr common stock upon vesting. |