Craig J. Patla - 28 Feb 2025 Form 4 Insider Report for SJW GROUP (HTO)

Role
President of CTWS
Signature
/s/ Marisa Joss Attorney-in-Fact for Craig J. Patla
Issuer symbol
HTO
Transactions as of
28 Feb 2025
Net transactions value
-$2,792
Form type
4
Filing time
04 Mar 2025, 16:36:50 UTC
Previous filing
07 Jan 2025
Next filing
04 Jun 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SJW Common Stock Award $0 +165 +3.2% $0.000000 5,253 28 Feb 2025 Direct F1
transaction SJW Common Stock Tax liability $2,792 -53 -1% $52.67 5,200 28 Feb 2025 Direct F2, F3

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 +30 +0.78% 3,885 03 Mar 2025 Common Stock 30 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents (i) 85 shares of Issuer's common stock ("Common Stock") subject to the 2022 Restricted Stock Units ("RSUs") that vested upon the attainment of a certain performance goal based on average return on equity ("ROE") measured over a period from January 1, 2022 to December 31, 2024 and continued service by the reporting person through December 31, 2024 and (ii) 80 shares of Common Stock subject to the 2022 RSUs that vested upon the attainment of a certain performance goal based on relative total shareholder return ("TSR") measured over a period from January 1, 2022 to December 31, 2024 and continued service by the reporting person through December 31, 2024.
F2 Represents (i) 28 shares of Common Stock withheld in satisfaction of the applicable withholding taxes on shares of Common Stock that became issuable pursuant to the vesting of the 2022 ROE RSUs reported on this Form 4 and (ii) 25 shares of Common Stock withheld in satisfaction of the applicable withholding taxes on shares of Common Stock that became issuable pursuant to the vesting of the 2022 TSR RSUs reported on this Form 4.
F3 Represents 1,530 shares of Common Stock and 3,670 shares of the Common Stock underlying RSUs which will vest and become issuable in accordance with their terms.
F4 Represents 30 shares subject to deferred stock units ("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.