Robert J. Kuta - Mar 3, 2023 Form 4 Insider Report for CALIFORNIA WATER SERVICE GROUP (CWT)

Signature
/s/ Michelle R. Mortensen on behalf of Robert J Kuta
Stock symbol
CWT
Transactions as of
Mar 3, 2023
Transactions value $
-$79,121
Form type
4
Date filed
3/6/2023, 07:38 PM
Previous filing
Mar 3, 2023
Next filing
Mar 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CWT Common Stock Tax liability -$3.81K -67 -0.58% $56.84 11.5K Mar 3, 2023 Direct F1
transaction CWT Common Stock Award $0 +2.47K +21.48% $0.00 14K Mar 3, 2023 Direct F2
transaction CWT Common Stock Tax liability -$75.3K -1.33K -9.49% $56.84 12.6K Mar 3, 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares withheld by and surrendered to the Issuer to satisfy the tax withholding obligations that arose in connection with the vesting of the Restricted Stock (RSA) Award #523.
F2 On 3/3/2020, the reporting person was granted a Performance Stock Unit (PSU) of 1,583 shares of common stock. The PSU vested in full based on satisfaction of certain performance criteria approved by the Board of Directors. The performance criteria was met resulting in 156% payout of the original goal.
F3 Represents the number of shares withheld by and surrendered to the issuer to satisfy the tax withholding obligations that arose in connection with the vesting of the Performance Stock Unit (PSU) Award #538