NEW JERSEY RESOURCES CORP 4
4 · NEW JERSEY RESOURCES CORP · Filed Dec 19, 2013
Insider Transaction Report
Form 4
ZILAI DEBORAH G
V.P., Subsidiary
Transactions
- Award
Common Stock
2013-12-19$45.56/sh+944$43,009→ 30,451.413 total - Award
Performance Shares
2013-12-19+970→ 970 totalExp: 2016-09-30→ Common Stock (970 underlying) - Award
Performance Shares
2013-12-19+708→ 708 totalExp: 2016-09-30→ Common Stock (708 underlying)
Footnotes (4)
- [F1]Represents shares of restricted stock granted pursuant to the New Jersey Resources Corporation (NJR) 2007 Stock Award and Incentive Plan. Shares will vest in three equal installments on October 15, 2014, October 15, 2015 and October 15, 2016, subject to the continued employment of the reporting person by NJR, except under certain conditions.
- [F2]Total includes shares held outright and in the Dividend Reinvestment Plan (DRP) and an accrual of 17.203 shares of NJR Common Stock through DRP.
- [F3]Represents performance shares granted pursuant to the NJR 2007 Stock Award and Incentive Plan. Performance shares will be vested and non-forfeitable upon certification by the Leadership Development and Compensation Committee that the applicable performance goals for the 33 month period ending September 30, 2016 have been met.
- [F4]Represents performance shares granted pursuant to the NJR 2007 Stock Award and Incentive Plan. Performance shares will be vested and non-forfeitable upon certification by the Leadership Development and Compensation Committee that the applicable performance goals for the 36 month period ending September 30, 2016 have been met.