Eric W. Thornburg - Feb 28, 2022 Form 4 Insider Report for SJW GROUP (SJW)

Role: President & CEO, Director
Signature: /s/ Willie Brown Attorney-in-Fact for Eric W. Thornburg
Stock symbol: SJW
Transactions as of: Feb 28, 2022
Transactions value $: -$148,310
Form type: 4
Date filed: 3/2/2022, 01:43 PM
Previous filing: Feb 25, 2022
Next filing: Aug 24, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SJW	Common Stock	Tax liability	-$148K	-2.27K	-5.49%	$65.22	39.2K	Feb 28, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents (i) 1,417 shares of common stock withheld by the issuer in satisfaction of the applicable withholding taxes on shares of common stock that became issuable pursuant to the vesting of the 2019 ROE RSUs reported on the Form 4 filed on February 25, 2022 and (ii) 857 shares of common stock withheld by the issuer in satisfaction of the applicable withholding taxes on shares of common stock that became issuable pursuant to the vesting of the 2019 TSR RSUs reported on the Form 4 filed on February 25, 2022.
F2	Represents 26,119 shares of the issuer's common stock and 13,045 shares of the issuer's common stock underlying RSUs that will vest and become issuable in accordance with their terms.

Content

Represents (i) 1,417 shares of common stock withheld by the issuer in satisfaction of the applicable withholding taxes on shares of common stock that became issuable pursuant to the vesting of the 2019 ROE RSUs reported on the Form 4 filed on February 25, 2022 and (ii) 857 shares of common stock withheld by the issuer in satisfaction of the applicable withholding taxes on shares of common stock that became issuable pursuant to the vesting of the 2019 TSR RSUs reported on the Form 4 filed on February 25, 2022.

Represents 26,119 shares of the issuer's common stock and 13,045 shares of the issuer's common stock underlying RSUs that will vest and become issuable in accordance with their terms.