Bruce A. Hauk - Jan 2, 2025 Form 4 Insider Report for SJW GROUP (SJW)

Signature
/s/ Marisa Attorney-in-Fact for Bruce A. Hauk
Stock symbol
SJW
Transactions as of
Jan 2, 2025
Transactions value $
-$28,003
Form type
4
Date filed
1/6/2025, 04:16 PM
Previous filing
Aug 23, 2024
Next filing
Jan 7, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SJW Common Stock Award $0 +3K +35.98% $0.00 11.3K Jan 2, 2025 Direct F1
transaction SJW Common Stock Tax liability -$18K -370 -3.27% $48.70 11K Jan 2, 2025 Direct F2
transaction SJW Common Stock Tax liability -$9.98K -205 -1.87% $48.70 10.8K Jan 2, 2025 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 2,998 shares of the issuer's common stock ("Common Stock") underlying restricted stock units ("RSUs") granted to the reporting person under the issuer's Long-Term Incentive Plan. Each RSU entitles the reporting person to receive one share of Common Stock upon vesting of the RSU. The RSUs will vest in three annual successive installments upon the completion of the reporting person's each year of service with the issuer for the three-year period measured from the date of grant, subject to accelerated vesting under certain prescribed circumstances.
F2 Represents 370 shares of Common Stock withheld in satisfaction of the applicable withholding taxes on certain shares of Common Stock that became issuable on December 31, 2024 pursuant to the terms of the December 20, 2022 Restricted Stock Unit Issuance Agreement between the reporting person and the issuer. The issuable shares were previously reported as Table I securities at the time the restricted stock units were granted, and accordingly the issuance of those shares is not a reportable transaction on this Form 4.
F3 Represents 205 shares of Common Stock withheld of the issuer in satisfaction of the applicable withholding taxes on certain shares of common stock that became issuable on January 2, 2025 pursuant to the terms of the January 2, 2024 Restricted Stock Unit Issuance Agreement between the reporting person and the issuer. The issuable shares were previously reported as Table I securities at the time the restricted stock units were granted, and accordingly the issuance of those shares is not a reportable transaction on this Form 4.
F4 Represents (i) 3,620 shares of Common Stock and (ii) 7,136 shares of Common Stock underlying RSUs which will vest and become issuable in accordance with their terms.