Willie D. Brown Jr. - May 31, 2023 Form 4 Insider Report for SJW GROUP (SJW)

Role: VP, Gen Counsel, & Corp Sec
Signature: /s/ Marisa Joss Attorney-in-Fact for Willie D. Brown Jr.
Stock symbol: SJW
Transactions as of: May 31, 2023
Transactions value $: -$6,888
Form type: 4
Date filed: 6/2/2023, 04:27 PM
Previous filing: Mar 2, 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	-$6.89K	-90	-1.28%	$76.53	6.91K	May 31, 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 90 shares of common stock of the issuer withheld by the issuer in satisfaction of the applicable withholding taxes on certain shares of common stock that became issuable on May 31, 2023 pursuant to the terms of the May 31, 2021 Restricted Stock Issuance Agreement between the reporting person and the issuer. The issuable shares were previously reported as Table I securities at the time the restricted stock units (RSUs) were granted, and accordingly the issuance of those shares is not a reportable transaction on this Form 4.
F2	Represents 4,123 shares of the issuer's common stock and 2,791 shares of the issuer's common stock underlying RSUs that will vest and become issuable in accordance with their terms.

Content

Represents 90 shares of common stock of the issuer withheld by the issuer in satisfaction of the applicable withholding taxes on certain shares of common stock that became issuable on May 31, 2023 pursuant to the terms of the May 31, 2021 Restricted Stock Issuance Agreement between the reporting person and the issuer. The issuable shares were previously reported as Table I securities at the time the restricted stock units (RSUs) were granted, and accordingly the issuance of those shares is not a reportable transaction on this Form 4.

Represents 4,123 shares of the issuer's common stock and 2,791 shares of the issuer's common stock underlying RSUs that will vest and become issuable in accordance with their terms.