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