0000356309-20-000058.txt : 20201002
0000356309-20-000058.hdr.sgml : 20201002
20201002124203
ACCESSION NUMBER: 0000356309-20-000058
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200930
FILED AS OF DATE: 20201002
DATE AS OF CHANGE: 20201002
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Westhoven Stephen D
CENTRAL INDEX KEY: 0001492218
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08359
FILM NUMBER: 201218996
MAIL ADDRESS:
STREET 1: 1415 WYCKOFF ROAD
CITY: WALL
STATE: NJ
ZIP: 07719
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NEW JERSEY RESOURCES CORP
CENTRAL INDEX KEY: 0000356309
STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS DISTRIBUTION [4924]
IRS NUMBER: 222376465
STATE OF INCORPORATION: NJ
FISCAL YEAR END: 0930
BUSINESS ADDRESS:
STREET 1: 1415 WYCKOFF RD
STREET 2: PO BOX 1468
CITY: WALL
STATE: NJ
ZIP: 07719
BUSINESS PHONE: 7329381000
MAIL ADDRESS:
STREET 1: 1415 WYCKOFF ROAD
STREET 2: P O BOX 1468
CITY: WALL
STATE: NJ
ZIP: 07719
4
1
wf-form4_160165690939761.xml
FORM 4
X0306
4
2020-09-30
0
0000356309
NEW JERSEY RESOURCES CORP
NJR
0001492218
Westhoven Stephen D
C/O NEW JERSEY RESOURCES CORPORATION
1415 WYCKOFF ROAD
WALL
NJ
07719
1
1
0
0
President & CEO
Common Stock
2020-09-30
4
M
0
2404
27.02
A
145357.208
D
Common Stock
2020-09-30
4
F
0
1184
27.02
D
144173.208
D
Common Stock
2020-09-30
4
A
0
2930
27.02
A
147103.208
D
Common Stock
2020-09-30
4
F
0
1444
27.02
D
145833.955
D
Performance Shares
2020-09-30
4
M
0
2204
27.02
D
Common Stock
2204.0
0
D
Total reflects adjustment for accrued dividend equivalents payable upon vesting of Performance-Based Restricted Stock Units. Each Performance-Based Restricted Stock Unit and dividend equivalent converts into one share of New Jersey Resources Corporation (NJR) Common Stock upon vesting.
Represents shares withheld to pay taxes due upon vesting of Performance-Based Restricted Stock Units.
Represents vesting of the second tranche of Performance-Based Restricted Stock Units, previously granted on November 13, 2018, plus accrued dividend equivalents. The third and final tranche will vest on September 30, 2021. The applicable performance goal has been satisfied by NJR and certified by the Leadership Development and Compensation Committee of the Board of Directors (LDCC). Each Performance-Based Restricted Stock Unit and dividend equivalent converts into one share of NJR Common Stock upon vesting.
Total increased by 174.748 shares to reflect dividends accrued in the NJR Employee Retirement Savings Plan 401(K) and in the NJR Employee Stock Ownership (ESOP) Plan.
Represents third and final vesting of Performance-Based Restricted Stock Units, previously granted on November 14, 2017. The applicable performance goal has been satisfied by NJR and certified by the LDCC. Each Performance-Based Restricted Stock Unit converts into one share of NJR Common Stock upon vesting.
/s/ Richard Reich, as attorney-in-fact for Stephen D. Westhoven
2020-10-02