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H2O AMERICA — Director's Dealing 2023
Jun 5, 2023
31819_dirs_2023-06-05_6d1b1d11-0385-4d79-95ff-0d9aa8e1f9af.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: 2023-06-01
Reporting Person: Patla Craig J (President of CTWS)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-06-01 | Common Stock | A | 19 | — | Acquired | 7057 | Direct |
Footnotes
F1: Represents 19 shares subject to deferred stock units ("DSU") granted to the Reporting Person pursuant to dividend equivalent rights ("DERs") accrued on outstanding DSUs granted by Connecticut Water Service, Inc., a wholly owned subsidiary of the Issuer. DERs accrue when and as dividends are paid on the common stock underlying the awards and will vest and be settled in accordance with the same terms as the DSUs to which they relate.
F2: Represents (i) 1,137 shares of the issuer's common stock, (ii) 2,216 shares subject to RSUs that will vest over a period of service and be settled in accordance with the terms of the awards subject to accelerated vesting under certain prescribed circumstances, and (iii) 3,704 shares subject to DSUs that are vested and will be settled in accordance with an election previously made by the reporting person. Each RSU and DSU will entitle the reporting person to one share of common stock upon settlement.