Bruce A. Hauk - 22 Aug 2023 Form 4 Insider Report for SJW GROUP (HTO)

Role: Chief Operating Officer
Signature: /s/ Marisa Joss Attorney-in-Fact for Bruce A. Hauk
Issuer symbol: HTO
Transactions as of: 22 Aug 2023
Net transactions value: -$9,275
Form type: 4
Filing time: 24 Aug 2023, 12:36:04 UTC
Previous filing: 05 Jan 2023
Next filing: 04 Jan 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SJW	Common Stock	Tax liability	$9,275	-139	-2.1%	$66.73	6,573	22 Aug 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 139 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 August 22, 2023 pursuant to the terms of the August 22, 2022 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 (i) 336 shares of the issuer's common stock ("Common Stock"); (ii) 313 shares of Common Stock acquired on July 31, 2023 in a transaction exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, under the SJW Group 2014 Employee Stock Purchase Plan; and (iii) 6,237 shares of Common Stock underlying RSUs that will vest and become issuable in accordance with their terms.

Content

Represents 139 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 August 22, 2023 pursuant to the terms of the August 22, 2022 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 (i) 336 shares of the issuer's common stock ("Common Stock"); (ii) 313 shares of Common Stock acquired on July 31, 2023 in a transaction exempt from Section 16(b) of the Securities Exchange Act of 1934, as amended, under the SJW Group 2014 Employee Stock Purchase Plan; and (iii) 6,237 shares of Common Stock underlying RSUs that will vest and become issuable in accordance with their terms.