H2O AMERICA — Director's Dealing 2018

Feb 27, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SJW GROUP (SJW)
CIK: 0000766829
Period of Report: 2018-02-26

Reporting Person: Lynch James Patrick (CFO/Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-26	Common Stock	A	1330	—	Acquired	23741	Direct

Footnotes

F1: Represents 1,330 shares of common stock subject to the Restricted Stock Units ("RSU") that vested upon the attainment of certain performance goal based on return on equity ("ROE") measured over the 2017 calendar year period and continued service by the reporting person through December 31, 2017.

F2: Represents 2,114 shares of the issuer's common stock, 14,464 shares of common stock held by Mr. Lynch and his spouse in joint tenancy, 2,500 shares of the issuer's common stock held under a Roth IRA account, and 4,663 shares of the issuer's common stock underlying restricted stock units including shares which vested per footnote 1 above and restricted stock units which will vest and become issuable in accordance with their terms.