Sec Form 4 Filing - KENNY JANE M @ NEW JERSEY RESOURCES CORP - 2022-01-10

Insider filing report for Changes in Beneficial Ownership
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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
KENNY JANE M
2. Issuer Name and Ticker or Trading Symbol
NEW JERSEY RESOURCES CORP [ NJR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD
3. Date of Earliest Transaction (MM/DD/YY)
01/10/2022
(Street)
WALL, NJ07719
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 01/10/2022 M 3,324( 1 ) A $ 0 22,918.164 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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
Phantom Stock Units ( 2 ) 01/10/2022 M 3,324.37( 3 ) ( 4 ) ( 4 ) Common Stock 3,324.37 $ 40.66 5,732.372( 5 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
KENNY JANE M
C/O NEW JERSEY RESOURCES CORPORATION
1415 WYCKOFF ROAD
WALL, NJ07719
X
Signatures
/s/ Richard Reich, as attorney-in-fact for Jane M. Kenny 01/11/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Total includes an accrual of 475.370 shares of dividends through the New Jersey Resources Corporation (NJR) Directors' Deferred Compensation Plan; value of .370 shares of NJR Common Stock was distributed in cash.
( 2 )Each Phantom Stock Unit is the economic equivalent of one (1) share of NJR Common Stock.
( 3 )The Phantom Stock Units represent director fees for 2017 that were deferred pursuant to the NJR Directors' Deferred Compensation Plan and are being paid out in a lump sum as previously elected by the director.
( 4 )The Phantom Stock Units represent director fees for 2018 and 2019 that are deferred pursuant to the NJR Directors' Deferred Compensation Plan and will be paid out in a lump sum the earlier of 1/1/2023 and 1/1/2024, respectively, or when the director ceases to be a director.
( 5 )Total includes an accrual of 625.372 shares of dividends through NJR's Directors Deferred Compensation Plan.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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