AI assistant
H2O AMERICA — Director's Dealing 2016
Jan 5, 2016
31819_dirs_2016-01-05_ada6bc07-0a08-4b43-816c-8e4ba78740ca.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SJW CORP (SJW)
CIK: 0000766829
Period of Report: 2016-01-04
Reporting Person: Lynch James Patrick (CFO/Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-01-04 | Common Stock | A | 3048 | $0.00 | Acquired | 21284 | Direct |
| 2016-01-04 | Common Stock | F | 1493 | $29.40 | Disposed | 19791 | Direct |
Footnotes
F1: Represents 3,048 shares of the issuer's common stock underlying 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 three successive annual installments upon the reporting person's completion of each year of service with the issuer over the three-year period measured from the issue date of the units, subject to accelerated vesting under certain prescribed circumstances.
F2: Represents 9,197 shares of the issuer's common stock, 2,500 shares of the issuer's common stock held under a Roth IRA account, and 9,587 shares of the issuer's common stock underlying restricted stock units.
F3: Represents 1,493 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 January 4, 2016 pursuant to the terms of the January 2, 2013, January 2, 2014, and January 2, 2015 Restricted Stock Unit Issuance Agreements between the reporting person and the issuer. The issuable shares were previously reported as Table I securities at the time the restricted stock units were granted, and accordingly the issuance of those shares is not a reportable transaction on this Form 4.
F4: Represents 11,119 shares of the issuer's common stock, 2,500 shares of the issuer's common stock held under a Roth IRA account, and 6,172 shares of the issuer's common stock underlying restricted stock units.