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H2O AMERICA Director's Dealing 2019

Jan 3, 2019

31819_dirs_2019-01-03_a398b130-06c6-48ba-800c-57fc729b599e.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SJW GROUP (SJW)
CIK: 0000766829
Period of Report: 2019-01-02

Reporting Person: Walters Andrew F (Chief Administrative Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-01-02 Common Stock A 1352 Acquired 13034 Direct
2019-01-02 Common Stock F 158 $54.74 Disposed 12876 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 100 Indirect

Footnotes

F1: Represents 1,352 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 date of grant, subject to accelerated vesting under certain prescribed circumstances.

F2: Represents 8,765 shares of the issuer's common stock and 4,269 shares of the issuer's common stock underlying restricted stock units which will vest and become issuable in accordance with their terms.

F3: Represents 158 shares of common stock withheld of the issuer in satisfaction of the applicable withholding taxes on certain shares of common stock that became issuable on January 2, 2019 pursuant to the terms of the January 2, 2018 Restricted Stock Unit Issuance Agreement 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 8,995 shares of the issuer's common stock and 3,881 shares of the issuer's common stock underlying restricted stock units which will vest and become issuable in accordance with their terms.