SEC Form 4 · accession 0000356309-17-000020
NEW JERSEY RESOURCES CORP · NJR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
M William Howard Jr.
Director
Period of report
Jan 3, 2017
Accepted (ET)
Jan 5, 2017 · 4:47 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000356309
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF3,F1,F2 | — | Jan 3, 2017 | A | 2,849 | A | — | — | Common Stock | 2,849 | 18,323 | D |
Explanation of responses
- F1Each Phantom Stock Unit is the economic equivalent of one (1) share of New Jersey Resources Corporation (NJR) Common Stock.
- F2The Phantom Stock Units represent director fees that are deferred pursuant to the NJR's Directors Deferred Compensation Plan and are to be paid in NJR Common stock in January 2022 in one lump sum.
- F3Total includes accrued dividends of 315.096 shares of NJR Common Stock through the NJR Dividend Reinvestment Plan.