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