SEC Form 4 · accession 0000356309-16-000252
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
Oct 31, 2016
Accepted (ET)
Nov 2, 2016 · 2:18 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,F3 | Oct 31, 2016 | F | 198 | $33.95 | D | 375,974 | 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 shares held outright and shares held in the New Jersey Resources Corporation (NJR) ESOP Plan, which are accounted for on a unitized basis that reflects a calculated value.
- F3Total includes an accrual of 371.875 shares of New Jersey Resources (NJR) Common Stock through the NJR Dividend Reinvestment Plan (DRP).