Andrew Gere - 23 Feb 2022 Form 4 Insider Report for SJW GROUP (HTO)

Signature
/s/ Willie Brown Attorney-in-Fact for Andrew Gere
Issuer symbol
HTO
Transactions as of
23 Feb 2022
Net transactions value
$0
Form type
4
Filing time
25 Feb 2022, 11:46:20 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 +1,494 +6.5% $0.000000 24,384 23 Feb 2022 Direct F1, F2
holding SJW Common Stock 400 23 Feb 2022 UTMA Jillian
holding SJW Common Stock 100 23 Feb 2022 UTMA Robert
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents (i) 1,030 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) 464 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 20,002 shares of the issuer's common stock and 4,382 shares of the issuer's common stock underlying RSUs that will vest and become issuable in accordance with their terms.