SEC Form 4 · accession 0000356309-16-000205
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
Aug 1, 2016
Accepted (ET)
Aug 3, 2016 · 9:15 am 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 | Aug 1, 2016 | F | 670 | $36.74 | D | 378,991 | 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 due to executive's eligibility for retirement.
- F2Total includes an accrual of 154.599 shares of New Jersey Resources (NJR) Common Stock through the NJR Dividend Reinvestment Plan (DRP) and shares held in NJR ESOP Plan. Each includes dividends through the NJR Dividend Reinvestment Plan.