H2O AMERICA — Director's Dealing 2020

Jan 10, 2020

SEC Form 4/A — Form 4/A

Issuer: SJW GROUP (SJW)
CIK: 0000766829
Period of Report: 2019-12-31

Reporting Person: Thornburg Eric W (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-31	Common Stock	F	2676	$69.63	Disposed	18374	Direct
2020-01-02	Common Stock	A	5357	—	Acquired	23731	Direct

Footnotes

F1: This amended Form 4 is filed to correct an inadvertent error in the number of shares withheld reported in Box 4 of the original Form 4 from 2,704 shares to 2,676 shares. Such 2,676 shares represents shares of common stock withheld by the issuer to satisfy the reporting person's tax withholding obligations with respect to an aggregate of 7,488 shares of common stock underlying restricted stock units ("RSUs") that vested and became issuable on December 31, 2019 pursuant to the terms of the November 6, 2017, January 2, 2018, and January 2, 2019 Restricted Stock Issuance Agreements between the issuer and the reporting person. 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.

F2: Represents 9,429 shares of the issuer's common stock and 8,945 shares of the issuer's common stock underlying RSUs that will vest and become issuable in accordance with their terms.

F3: Represents 5,357 shares of the common stock underlying restricted stock units granted to the reporting person under the issuer's Long-Term Incentive Plan. Each RSU entitles the reporting person to receive one share of common stock upon vesting of the RSU. The RSUs will vest in three annual successive installments upon the completion of the reporting person's each year of services with the issuer for the three-year period measured from date of grant, subject to accelerated vesting under certain prescribed circumstances.

F4: Represents 9,429 shares of the issuer's common stock and 14,302 shares of the issuer's common stock underlying RSUs that will vest and become issuable in accordance with their terms.