Eric W. Thornburg - Feb 28, 2023 Form 4 Insider Report for SJW GROUP (SJW)

Role: President & CEO, Director
Signature: /s/ Marisa Joss Attorney-in-Fact for Eric W. Thornburg
Stock symbol: SJW
Transactions as of: Feb 28, 2023
Transactions value $: -$203,865
Form type: 4
Date filed: 3/2/2023, 02:34 PM
Previous filing: Feb 27, 2023
Next filing: Jan 4, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SJW	Common Stock	Tax liability	-$204K	-2.67K	-5.18%	$76.44	48.8K	Feb 28, 2023	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) 925 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 2020 ROE RSUs reported on the Form 4 filed on February 27, 2023 and (ii) 1,742 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 2020 TSR RSUs reported on the Form 4 filed on February 27, 2023.
F2	Represents 35,462 shares of the issuer's common stock and 13,314 shares of the issuer's common stock underlying RSUs that will vest and become issuable in accordance with their terms.

Content

Represents (i) 925 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 2020 ROE RSUs reported on the Form 4 filed on February 27, 2023 and (ii) 1,742 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 2020 TSR RSUs reported on the Form 4 filed on February 27, 2023.

Represents 35,462 shares of the issuer's common stock and 13,314 shares of the issuer's common stock underlying RSUs that will vest and become issuable in accordance with their terms.