0000356309-23-000076.txt : 20231117 0000356309-23-000076.hdr.sgml : 20231117 20231117211705 ACCESSION NUMBER: 0000356309-23-000076 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231115 FILED AS OF DATE: 20231117 DATE AS OF CHANGE: 20231117 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: 231420577 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 wk-form4_1700273817.xml FORM 4 X0508 4 2023-11-15 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 0 Common Stock 2023-11-15 4 A 0 10588 42.55 A 201223.229 D Common Stock 2023-11-15 4 F 0 5215 42.55 D 196008.229 D Common Stock 2023-11-15 4 A 0 21707 42.55 A 217715.229 D Common Stock 2023-11-15 4 F 0 10691 42.55 D 207024.229 D Common Stock 2023-11-15 4 A 0 23017 42.55 A 230041.229 D Common Stock 2023-11-15 4 F 0 11336 42.55 D 218705.229 D Represents the first tranche of performance-based restricted stock units, previously granted on November 10, 2022, plus 389 accrued dividend equivalents. The second and third tranches will vest on September 30, 2024 and September 30, 2025, respectively. The applicable goal has been satisfied by New Jersey Resources Corporation (NJR) and certified by the Leadership Development and Compensation Committee (LDCC). Each performance-based restricted stock unit and dividend equivalent converts into one share of NJR Common Stock upon vesting. Represents shares withheld to pay taxes due upon vesting of performance share units. Represents number of performance share units, which vested at 150 percent of target (plus 2,220 dividend equivalents), after a 36-month period beginning on October 1, 2020, upon certification by the LDCC of NJR's performance versus the applicable performance goal. Performance share units and dividend equivalents convert into one share of NJR Common Stock upon vesting. Represents number of performance share units, which vested at 150 percent of target (plus 2,357 dividend equivalents), after a 36-month period beginning on October 1, 2020, upon certification by the LDCC of NJR's performance versus the applicable performance goal. Performance share units and dividend equivalents convert into one share of NJR Common Stock upon vesting. /s/ Tejal K. Mehta, as attorney-in-fact for Stephen D. Westhoven 2023-11-17