James Patrick Lynch - 23 Feb 2022 Form 4 Insider Report for SJW GROUP (HTO)

Signature
/s/ Willie Brown Attorney-in-Fact for James P. Lynch
Issuer symbol
HTO
Transactions as of
23 Feb 2022
Net transactions value
$0
Form type
4
Filing time
25 Feb 2022, 11:48:29 UTC
Previous filing
17 Feb 2022
Next filing
02 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SJW Common Stock Award $0 +1,570 +5.9% $0.000000 28,303 23 Feb 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents (i) 1,081 shares of common stock subject to the 2019 Restricted Stock Units ("RSU") that vested upon the attainment of a certain performance goal based on average return on equity ("ROE") measured over the 2019, 2020, and 2021 calendar years and continued service by the reporting person through December 31, 2021 and (ii) 489 shares of common stock subject to the 2019 RSUs that vested upon the attainment of a certain performance goal based on relative total shareholder return ("TSR") measured over the period including the 2019, 2020, and 2021 calendar years and continued service by the reporting person through December 31, 2021.
F2 Represents 8,128 shares of the issuer's common stock, 12,068 shares of common stock held by Mr. Lynch and his spouse in joint tenancy, 2,500 shares of the issuer's common stock held under a Roth IRA account, and 5,607 shares of the issuer's common stock underling restricted stock units including the shares that will vest and become issuable in accordance with their terms.