SEC Form 4 · accession 0000356309-16-000180
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
Apr 1, 2016
Accepted (ET)
Apr 4, 2016 · 12:56 pm EDT
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 | Apr 1, 2016 | F | 540 | $36.43 | D | 381,134 | 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.
- F2Shares reflect the value of holdings in the New Jersey Resources Corporation (NJR) Employee Stock Ownership Plan (ESOP) as of the ESOP's most recent reporting date (4/1/2016).