Willie D. Brown Jr. - May 31, 2021 Form 4 Insider Report for SJW GROUP (SJW)

Role: VP, Gen Counsel, & Corp Sec
Signature: /s/ Willie D. Brown Jr.
Stock symbol: SJW
Transactions as of: May 31, 2021
Transactions value $: $50,787
Form type: 4
Date filed: 6/7/2021, 03:42 PM
Next filing: Aug 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SJW	Common Stock	Award	$50.8K	+788	+21.81%	$64.45	4.4K	May 31, 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents 788 shares of common stock underlying restricted stock units (RSUs) 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 completion of each year of service with the issuer for the three-year period measured from the date of grant, subject to accelerated vesting under certain prescribed circumstances.
F2	Represents 1,789 shares of the issuer's common stock and 2,612 shares of the issuer's common stock underlying RSUs that will vest and become issuable in accordance with their terms.

Content

Represents 788 shares of common stock underlying restricted stock units (RSUs) 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 completion of each year of service with the issuer for the three-year period measured from the date of grant, subject to accelerated vesting under certain prescribed circumstances.

Represents 1,789 shares of the issuer's common stock and 2,612 shares of the issuer's common stock underlying RSUs that will vest and become issuable in accordance with their terms.