Form Type: 4

SEC EDGAR Link
Accession Number:0000356309-19-000085
Date:2019-06-30
Issuer: NEW JERSEY RESOURCES CORP (NJR)
Original Submission Date:

Reporting Person:

DOWNES LAURENCE M
C/O NEW JERSEY RESOURCES CORPORATION
1415 WYCKOFF ROAD WALL, NJ 07719

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature 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
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
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 ExercisableExpiration 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
Footnotes
IDfootnote
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.
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