SEC Form 4 · accession 0000356309-16-000157
NEW JERSEY RESOURCES CORP · NJR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Laurence M Downes
Officer — Chairman, President & CEO · Director
Period of report
Feb 1, 2016
Accepted (ET)
Feb 3, 2016 · 3:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000356309
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Feb 1, 2016 | F | 2,270 | $35.43 | D | 384,434 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares withheld to pay taxes related to monthly vesting of performance-based restricted stock (PBRS) due to executive's eligiblity for retirement.
- F2Total includes shares held in the New Jersey Resources Corporation Employee Stock Ownership Plan, which include reinvested dividends through the NJR Dividend Reinvestment Plan (DRP).
- F3Total includes an accrual of 421.646 of common stock from dividends payable upon the vesting of PBRS.