Craig J. Patla - Jun 3, 2024 Form 4 Insider Report for SJW GROUP (SJW)

Role: President of CTWS
Signature: /s/ Marisa Joss Attorney-in-Fact for Craig J. Patla
Stock symbol: SJW
Transactions as of: Jun 3, 2024
Transactions value $: $0
Form type: 4
Date filed: 6/5/2024, 04:27 PM
Previous filing: May 7, 2024
Next filing: Sep 5, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	SJW	Common Stock						3.3K	Jun 3, 2024	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SJW	Common Stck	Award	$0	+28	+0.74%	$0.00	3.8K	Jun 3, 2024	Common Stock	28	$0.00	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents (i) 619 shares of the Issuer's common stock ("Common Stock"), and (ii) 2,681 shares subject to restricted stock units ("RSUs") that will vest over a period of service and be settled in accordance with the terms of the awards subject to accelerated vesting under certain prescribed circumstances. Excludes 3,802 shares subject to deferred stock units ("DSUs") that are vested and will be settled in accordance with an election previously made by the reporting person. DSUs are reported in Table II below. Each RSU and DSU will entitle the reporting person to one share of Common Stock upon settlement.
F2	Represents 28 shares subject to DSUs granted to the Reporting Person pursuant to dividend equivalent rights ("DERs") accrued on outstanding DSUs granted by Connecticut Water Service, Inc., a wholly owned subsidiary of the Issuer. DERs accrue when and as dividends are paid on the Common Stock underlying the awards and will vest and be settled in accordance with the same terms as the DSUs to which they relate.

Content

Represents (i) 619 shares of the Issuer's common stock ("Common Stock"), and (ii) 2,681 shares subject to restricted stock units ("RSUs") that will vest over a period of service and be settled in accordance with the terms of the awards subject to accelerated vesting under certain prescribed circumstances. Excludes 3,802 shares subject to deferred stock units ("DSUs") that are vested and will be settled in accordance with an election previously made by the reporting person. DSUs are reported in Table II below. Each RSU and DSU will entitle the reporting person to one share of Common Stock upon settlement.

Represents 28 shares subject to DSUs granted to the Reporting Person pursuant to dividend equivalent rights ("DERs") accrued on outstanding DSUs granted by Connecticut Water Service, Inc., a wholly owned subsidiary of the Issuer. DERs accrue when and as dividends are paid on the Common Stock underlying the awards and will vest and be settled in accordance with the same terms as the DSUs to which they relate.