SEC Form 4 · accession 0000356309-16-000241
NEW JERSEY RESOURCES CORP · NJR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen D Westhoven
Officer — Senior V.P., Subsidiaries
Period of report
Oct 15, 2016
Accepted (ET)
Oct 18, 2016 · 8:21 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 | Oct 15, 2016 | A | 9,527 | $0.00 | A | 85,989 | D | |
| Common Stock | Oct 15, 2016 | F | 4,940 | $0.00 | D | 81,049 | D | |
| Common Stock | Oct 15, 2016 | F | 1,800 | $0.00 | D | 79,249 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF3,F4 | — | Oct 15, 2016 | M | 9,527 | D | Oct 15, 2016 | — | Common Stock | 9,527 | 0 | D |
Explanation of responses
- F1Total includes shares held in New Jersey Resources Corporation (NJR) ESOP Plan and 401(k) Plan, which are accounted for on a unitized basis that reflects a calculated value.
- F2Total includes an accrual of 1,095.705 shares of NJR Common Stock through the NJR Dividend Reinvestment and Stock Purchase Plan.
- F3Each deferred stock unit represents a contingent right to receive on share of New Jersey Resources Corporation Common Stock plus accrued dividends.
- F4Deferred stock unit award is payable subject to certain conditions on 10/15/16.