H2O AMERICA — Director's Dealing 2014

May 1, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SJW CORP (SJW)
CIK: 0000766829
Period of Report: 2014-04-30

Reporting Person: KING DOUGLAS R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-04-30	Common Stock	A	1286	$0.00	Acquired	10173	Direct
2014-04-30	Common Stock	G	381	$0.00	Disposed	9792	Direct
2014-04-30	Common Stock	G	381	$0.00	Acquired	4881	Indirect

Footnotes

F1: Represents 1,286 restricted stock units granted to the reporting person under the Issuer's Long-Term Incentive Plan. Each restricted stock unit will entitle the reporting person to receive one share of the Issuer's common stock when that unit vests. The units will vest in full upon the reporting person's continuation in Board service through the day immediately preceding the date of the Issuer's 2015 annual shareholders meeting, subject to accelerated vesting under certain prescribed circumstances.

F2: Includes 1,667 shares of the issuer's common stock underlying restricted stock units and 8,506 shares of deferred stock which will be distributed as actual shares of the issuer's common stock following the reporting person's cessation of board service.

F3: Represents shares of the issuer's common stock issued in the name of Douglas R. King and Melinda J. King, Trustees of the King Family Trust dated June 06, 2005 upon settlement of restricted stock units previously reported by the reporting person in Table I as directly owned.

F4: Includes 1,286 shares of the issuer's common stock underlying restricted stock units and 8,506 shares of deferred stock which will be distributed as actual shares of the issuer's common stock following the reporting person's cessation of board service.