Carl Guardino - Apr 26, 2023 Form 4 Insider Report for SJW GROUP (SJW)

Role: Director
Signature: /s/ Marisa Joss Attorney-in-Fact for Carl Guardino
Stock symbol: SJW
Transactions as of: Apr 26, 2023
Transactions value $: $0
Form type: 4
Date filed: 4/28/2023, 03:53 PM
Previous filing: Sep 21, 2022
Next filing: May 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SJW	Common Stock	Award	$0	+1.23K	+45.14%	$0.00	3.96K	Apr 26, 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 1,232 restricted stock units granted to the reporting person under the Issuer's Long-Term Incentive Plan. Each restricted stock unit will entitle the reporting person to receive one share of the Issuer's common stock when that unit vests. The units will vest in full upon the reporting person's continuation in Board service through the day immediately preceding the date of the Issuer's 2024 annual stockholders meeting, subject to accelerated vesting under certain prescribed circumstances.
F2	Represents 2,729 shares of the issuer's common stock and 1,232 shares of the issuer's restricted stock units which will vest and become issuable in accordance with their terms.

Content

Represents 1,232 restricted stock units granted to the reporting person under the Issuer's Long-Term Incentive Plan. Each restricted stock unit will entitle the reporting person to receive one share of the Issuer's common stock when that unit vests. The units will vest in full upon the reporting person's continuation in Board service through the day immediately preceding the date of the Issuer's 2024 annual stockholders meeting, subject to accelerated vesting under certain prescribed circumstances.

Represents 2,729 shares of the issuer's common stock and 1,232 shares of the issuer's restricted stock units which will vest and become issuable in accordance with their terms.