Statement of Changes in Beneficial Ownership (4)
October 19 2020 - 01:52PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
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APPROVAL
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
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1. Name
and Address of Reporting Person * Mullan
Amanda |
2. Issuer Name and Ticker or Trading
Symbol NEW JERSEY RESOURCES CORP [ NJR ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director _____
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
Senior V.P. & Chief HR
Officer |
(Last)
(First)
(Middle)
1415 WYCKOFF ROAD |
3. Date of Earliest Transaction (MM/DD/YYYY)
10/15/2020
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(Street)
WALL, NJ 07719
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
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1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following
Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
Amount |
(A) or (D) |
Price |
Common Stock |
10/15/2020 |
|
F |
|
801 (1) |
D |
$28.61 |
27841.18 (2) |
D |
|
Common Stock |
10/15/2020 |
|
F |
|
661 (3) |
D |
$28.61 |
27265.18 (4) |
D |
|
Common Stock |
10/15/2020 |
|
F |
|
716 (5) |
D |
$28.61 |
26715.957 (6) |
D |
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Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
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1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying
Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially
Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct
(D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Explanation of
Responses: |
(1) |
Represents shares withheld
to pay taxes due upon vesting of the third and final tranche of the
Restricted Stock Unit (RSU) award previously granted on November
14, 2017. |
(2) |
Total adjusted for 140
accrued dividend equivalents payable upon vesting of RSUs. Each RSU
and dividend equivalent converts into one share of New Jersey
Resources Corporation (NJR) Common Stock upon vesting. |
(3) |
Represents shares withheld
to pay taxes due upon vesting of the second tranche of the RSU
award previously granted on November 13, 2018. The final tranche
will vest on October 15, 2021. |
(4) |
Total adjusted for 85
accrued dividend equivalents payable upon vesting of RSUs. Each RSU
and dividend equivalent converts into one share of NJR Common Stock
upon vesting. |
(5) |
Represents shares withheld
to pay taxes due upon vesting of the first tranche of the RSU award
previously granted on November 12, 2019. The second and third
tranches will vest on October 15, 2021 and October 15, 2022,
respectively. |
(6) |
Total adjusted for 109.777
dividends accrued on executive's brokerage account, and for 57
accrued dividend equivalents payable upon vesting of RSUs. Each RSU
and dividend equivalent converts into one share of NJR Common Stock
upon vesting. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
Mullan Amanda
1415 WYCKOFF ROAD
WALL, NJ 07719 |
|
|
Senior V.P. & Chief HR
Officer |
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Signatures
|
/s/ Richard Reich, as attorney-in-fact for Amanda
Mullan |
|
10/19/2020 |
**Signature of
Reporting Person |
Date |