Willie Brown - Feb 28, 2025 Form 4 Insider Report for SJW GROUP (SJW)

Role
VP & Gen Counsel
Signature
/s/ Marisa Joss Attorney-in-Fact for Willie Brown
Stock symbol
SJW
Transactions as of
Feb 28, 2025
Transactions value $
-$29,917
Form type
4
Date filed
3/4/2025, 04:02 PM
Previous filing
Jan 7, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SJW Common Stock Award $0 +1.59K +14.23% $0.00 12.7K Feb 28, 2025 Direct F1
transaction SJW Common Stock Tax liability -$29.9K -568 -4.46% $52.67 12.2K Feb 28, 2025 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents (i) 960 shares of Issuer's common stock ("Common Stock") subject to the 2022 Restricted Stock Units ("RSUs") that vested upon the attainment of a certain performance goal based on average return on equity ("ROE") measured over a period from January 1, 2022 to December 31, 2024 and continued service by the reporting person through December 31, 2024 and (ii) 627 shares of Common Stock subject to the 2022 RSUs that vested upon the attainment of a certain performance goal based on relative total shareholder return ("TSR") measured over a period from January 1, 2022 to December 31, 2024 and continued service by the reporting person through December 31, 2024.
F2 Represents (i) 344 shares of Common Stock withheld in satisfaction of the applicable withholding taxes on shares of Common Stock that became issuable pursuant to the vesting of the 2022 ROE RSUs reported on this Form 4 and (ii) 224 shares of Common Stock withheld in satisfaction of the applicable withholding taxes on shares of Common Stock that became issuable pursuant to the vesting of the 2022 TSR RSUs reported on this Form 4.
F3 Represents 8,205 shares of Common Stock and 3,966 shares of the Common Stock underlying RSUs which will vest and become issuable in accordance with their terms.