SEC Form 4 · accession 0000356309-16-000142
NEW JERSEY RESOURCES CORP · NJR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sharon C Taylor
Director
Period of report
Jan 11, 2016
Accepted (ET)
Jan 12, 2016 · 5:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000356309
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitF1,F2 | — | Jan 11, 2016 | A | 1,304 | A | — | — | Common Stock | 1,304 | 17,528 | D |
Explanation of responses
- F1Each Phantom Stock Unit is the economic equivalent of one (1) share of New Jersey Resources Corporation (NJR) Common Stock.
- F2The Phantom Stock Units represent director fees that are deferred pursuant to NJR Directors Deferred Compensation Plan and are to be paid in one lump sum in NJR Common Stock beginning January 2021 or if earlier, when Ms. Taylor ceases to be a Director.