H2O AMERICA — Director's Dealing 2019

Apr 25, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SJW GROUP (SJW)
CIK: 0000766829
Period of Report: 2019-04-24

Reporting Person: More Daniel B. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-04-24	Common Stock	A	1302	—	Acquired	2357	Direct
2019-04-24	Common Stock	G	1055	—	Disposed	1302	Direct
2019-04-24	Common Stock	G	1055	—	Acquired	4336	Indirect

Footnotes

F1: Represents 1,302 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 2020 annual stockholders meeting, subject to accelerated vesting under certain prescribed circumstances.

F2: Includes 2,357 shares of the issuer's common stock underlying restricted stock units.

F3: Represents shares of the issuer's common stock issued in the name of the Daniel B. More Revocable Trust upon settlement of restricted stock units as previously reported by the reporting person in Table I as directly owned.

F4: Includes 1,302 shares of the issuer's common stock underlying restricted stock units.