Maureen P. Westbrook - Mar 10, 2022 Form 4 Insider Report for SJW GROUP (SJW)

Role: President of CTWS
Signature: /s/ Willie Brown, Attorney-in-Fact for Maureen P. Westbrook
Stock symbol: SJW
Transactions as of: Mar 10, 2022
Transactions value $: -$8,402
Form type: 4
Date filed: 3/14/2022, 03:26 PM
Previous filing: Mar 3, 2022
Next filing: Jun 3, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SJW	Common Stock	Tax liability	-$8.4K	-126	-0.29%	$66.68	42.7K	Mar 10, 2022	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Represents shares of common stock withheld by the issuer in satisfaction of applicable withholding taxes upon settlement of vested deferred stock units (DSUs) in accordance with an election previously made by the reporting person.
F2	Represents (i) 10,424 shares of the issuer's common stock, (ii) 8,789 shares subject to RSUs that will vest in three annual successive installments upon the completion of each year of the reporting person's service with the issuer for the three-year period measured from the date of grant, subject to accelerated vesting under certain prescribed circumstances, and (iii) 23,494 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.

Content

Represents shares of common stock withheld by the issuer in satisfaction of applicable withholding taxes upon settlement of vested deferred stock units (DSUs) in accordance with an election previously made by the reporting person.

Represents (i) 10,424 shares of the issuer's common stock, (ii) 8,789 shares subject to RSUs that will vest in three annual successive installments upon the completion of each year of the reporting person's service with the issuer for the three-year period measured from the date of grant, subject to accelerated vesting under certain prescribed circumstances, and (iii) 23,494 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.