H2O AMERICA — Director's Dealing 2015

Mar 27, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SJW CORP (SJW)
CIK: 0000766829
Period of Report: 2015-03-26

Reporting Person: Van Valer Robert A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-03-26	Common Stock	P	4619	$30.51	Acquired	53828	Direct

Footnotes

F1: Includes 50,000 shares of the issuer's common stock, 1,286 shares of the issuer's common stock underlying restricted stock units, and 2,542 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. 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.