Andrew F. Walters - 23 Feb 2023 Form 4 Insider Report for SJW GROUP (HTO)

Role: CFO & Treasurer
Signature: /s/ Marisa Joss Attorney-in-Fact for Andrew F. Walters
Issuer symbol: HTO
Transactions as of: 23 Feb 2023
Net transactions value: $0
Form type: 4
Filing time: 27 Feb 2023, 12:53:36 UTC
Previous filing: 30 Jan 2023
Next filing: 02 Mar 2023
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	+1,371	+9.2%	$0.000000	16,254	23 Feb 2023	Direct	F1, F2
holding	SJW	Common Stock						100	23 Feb 2023	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) 568 shares of common stock subject to the 2020 Restricted Stock Units ("RSU") that vested upon the attainment of a certain performance goal based on average return on equity ("ROE") measured over the 2020, 2021, and 2022 calendar years and continued service by the reporting person through December 31, 2022 and (ii) 803 shares of common stock subject to the 2020 RSUs that vested upon the attainment of a certain performance goal based on relative total shareholder return ("TSR") measured over the period including the 2020, 2021, and 2022 calendar years and continued service by the reporting person through December 31, 2022.
F2	Represents 11,545 shares of the issuer's common stock and 4,709 shares of the issuer's common stock underlying RSUs that will vest and become issuable in accordance with their terms.

Content

Represents (i) 568 shares of common stock subject to the 2020 Restricted Stock Units ("RSU") that vested upon the attainment of a certain performance goal based on average return on equity ("ROE") measured over the 2020, 2021, and 2022 calendar years and continued service by the reporting person through December 31, 2022 and (ii) 803 shares of common stock subject to the 2020 RSUs that vested upon the attainment of a certain performance goal based on relative total shareholder return ("TSR") measured over the period including the 2020, 2021, and 2022 calendar years and continued service by the reporting person through December 31, 2022.

Represents 11,545 shares of the issuer's common stock and 4,709 shares of the issuer's common stock underlying RSUs that will vest and become issuable in accordance with their terms.