Andrew F. Walters - Feb 23, 2022 Form 4 Insider Report for SJW GROUP (SJW)

Signature
/s/ Willie Brown Attorney-in-Fact for Andrew F. Walters
Stock symbol
SJW
Transactions as of
Feb 23, 2022
Transactions value $
$0
Form type
4
Date filed
2/25/2022, 11:41 AM
Previous filing
Jan 28, 2022
Next filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SJW Common Stock Award $0 +1.37K +10.47% $0.00 14.5K Feb 23, 2022 Direct F1, F2
holding SJW Common Stock 100 Feb 23, 2022 Held by Spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents (i) 944 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) 429 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 9,962 shares of the issuer's common stock and 4,528 shares of the issuer's common stock underlying RSUs that will vest and become issuable in accordance with their terms.