SEC Form 4 · accession 0000356309-18-000124
NEW JERSEY RESOURCES CORP · NJR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen D Westhoven
Officer — President & COO
Period of report
Oct 15, 2018
Accepted (ET)
Oct 17, 2018 · 7:58 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 | Oct 15, 2018 | M | 24,354 | $0.00 | A | 144,068 | D | |
| Common StockF2 | Oct 15, 2018 | F | 11,995 | $44.90 | D | 132,073 | 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 | — | Oct 15, 2018 | M | 22,765 | D | — | — | Common Stock | 22,765 | 0 | D |
Explanation of responses
- F1Includes accrued dividends on the vested awards totaling 1,589 shares.
- F2Represents shares withheld to pay taxes due upon vesting of deferred stock units.
- F3Each deferred stock unit represents a contingent right to receive one share of New Jersey Resources Corporation common stock.