Andrew F. Walters - Feb 29, 2024 Form 4 Insider Report for SJW GROUP (SJW)

Signature
/s/ Marisa Joss Attorney-in-Fact for Andrew F. Walters
Stock symbol
SJW
Transactions as of
Feb 29, 2024
Transactions value $
-$36,395
Form type
4
Date filed
3/4/2024, 06:58 PM
Previous filing
Jan 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SJW Common Stock Award $0 +2.08K +11.83% $0.00 19.6K Feb 29, 2024 Direct F1
transaction SJW Common Stock Tax liability -$36.4K -661 -3.37% $55.06 19K Feb 29, 2024 Direct F2, F3
holding SJW Common Stock 100 Feb 29, 2024 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) 856 shares of common stock subject to the 2021 Restricted Stock Units ("RSU") that vested upon the attainment of a certain performance goal based on average return on equity ("ROE") measured over the 2021 calendar year and continued service by the reporting person through December 31, 2023 and (ii) 1,222 shares of common stock subject to 2021 RSUs that vested upon the attainment of a certain performance goal based on relative total shareholder return ("TSR") measured over the period including the 2021 calendar year and continued service by the reporting person through December 31, 2023.
F2 Represents (i) 272 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 2021 ROE RSUs reported on this Form 4 and (ii) 389 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 2021 TSR RSUs reported on this Form 4.
F3 Represents 14,932 shares of the issuer's common stock and 4,046 shares of the issuer's common stock underling restricted stock units which will vest and become issuable in accordance with their terms.