CODEY LAWRENCE R 4
4 · NEW JERSEY RESOURCES CORP · Filed Jan 3, 2018
Insider Transaction Report
Form 4
CODEY LAWRENCE R
Director
Transactions
- Award
Phantom Stock Units
2018-01-02$39.85/sh+174$6,934→ 24,310.37 total→ Common Stock (174 underlying)
Footnotes (3)
- [F1]Each Phantom Stock Unit is the economic equivalent of one (1) share of New Jersey Resources Corporation (NJR) Common Stock.
- [F2]The Phantom Stock Units represent director fees that are deferred pursuant to NJR's Directors Deferred Compensation Plan and are to be paid in two equal annual payments in NJR Common Stock when Mr. Codey ceases to be a Director.
- [F3]Total includes an accrual of 775.975 shares of NJR Common Stock held in NJR Dividend Reinvestment Plan (DRP).