Kristen A. Johnson - Jan 3, 2025 Form 4 Insider Report for SJW GROUP (SJW)

Signature
/s/ Marisa Joss, Attorney-in-Fact for Kristen A. Johnson
Stock symbol
SJW
Transactions as of
Jan 3, 2025
Transactions value $
-$15,881
Form type
4
Date filed
1/7/2025, 04:09 PM
Previous filing
Jan 6, 2025
Next filing
Mar 4, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SJW Common Stock Tax liability -$15.9K -329 -3.18% $48.27 10K Jan 3, 2025 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding SJW Common Stck 17.3K Jan 3, 2025 Common Stock 17.3K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 329 shares of Common Stock withheld in satisfaction of the applicable withholding taxes on certain shares of Common Stock that became issuable on January 3, 2025 pursuant to the terms of the January 3, 2022 and January 3, 2023 Restricted Stock Unit Issuance Agreements, respectively, between the reporting person and the issuer. The issuable shares were previously reported as Table I securities at the time the restricted stock units ("RSUs") were granted, and accordingly the issuance of those shares is not a reportable transaction on this Form 4.
F2 Represents 6,028 shares of Common Stock and 3,988 shares of the Common Stock underlying RSUs which will vest and become issuable in accordance with their terms.
F3 Represents 17,291 shares subject to deferred stock units ("DSUs") granted to the Reporting Person pursuant to dividend equivalent rights ("DERs") accrued on outstanding DSUs granted by Connecticut Water Service, Inc., a wholly owned subsidiary of the Issuer. DERs accrue when and as dividends are paid on the Common Stock underlying the awards and will vest and be settled in accordance with the same terms as the DSUs to which they relate.