H2O AMERICA — Director's Dealing 2017

Apr 27, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SJW GROUP (SJW)
CIK: 0000766829
Period of Report: 2017-04-26

Reporting Person: MOSS GEORGE E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-04-26	Common Stock	A	1155	—	Acquired	1085135	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	811059	Indirect
Common Stock	6644	Indirect
Common Stock	830	Indirect
Common Stock	1103	Indirect

Footnotes

F1: Represents 1,155 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 2018 annual stockholders meeting, subject to accelerated vesting under certain prescribed circumstances.

F2: Represents 1,083,980 shares of common stock held by the George Edward Moss Trust, a living trust of which the reporting person is the sole trustee and 1,155 shares of the issuer's common stock underlying restricted stock units.

F3: These shares represent 811,059 shares of common stock held by the John Kimberly Moss Trust, for which the reporting person is the trustee. The reporting person disclaims beneficial ownership in such shares except to the extent of his pecuniary interest therein.