H2O AMERICA — Director's Dealing 2016

Mar 2, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SJW CORP (SJW)
CIK: 0000766829
Period of Report: 2016-02-29

Reporting Person: ROTH W RICHARD (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-02-29	Common Stock	A	6639	$0.00	Acquired	143344	Direct
2016-02-29	Common Stock	F	2494	$36.26	Disposed	136705	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	94414	Indirect
Common Stock	18300	Indirect

Footnotes

F1: Represents 6,639 shares of common stock that became issuable pursuant to the vesting of Restricted Stock Units ("RSU") upon the attainment of certain performance goal based on return on equity ("ROE") measured over the 2015 calendar year period and continued service by the reporting person through December 31, 2015.

F2: Includes 21,598 shares of the issuer's common stock underlying RSUs, which will vest and become issuable in accordance with their terms, 115,107 shares of the issuer's common stock underlying deferred restricted stock, and 6,639 shares of common stock that became issuable pursuant to the ROE RSUs reported herein.

F3: Represents 2,494 shares of common stock withheld by the issuer in satisfaction of the applicable withholding taxes on shares of common stock
that became issuable pursuant to the vesting of the ROE RSU reported herein.

F4: Includes 21,598 shares of the issuer's common stock underlying RSUs, which will vest and become issuable in accordance with their terms, 115,107 shares of the issuer's common stock underlying deferred restricted stock, and excludes an aggregate of 4,145 shares of common stock that were issued and transferred to the W. Richard Roth and Viviane L. Roth Community Property Trust dated December 17, 2004 immediately following the vesting of the ROE RSUs reported herein.

F5: Includes an aggregate of 4,145 shares of the issuer's common stock that were issued and transferred to the W. Richard Roth and Viviane L. Roth Community Property Trust dated December 17, 2004 immediately following the vesting of the ROE RSUs reported herein.