Craig J. Patla - Mar 1, 2024 Form 4 Insider Report for SJW GROUP (SJW)

Signature
/s/ Marisa Joss Attorney-in-Fact for Craig J. Patla
Stock symbol
SJW
Transactions as of
Mar 1, 2024
Transactions value $
$0
Form type
4
Date filed
3/5/2024, 07:55 PM
Previous filing
Mar 4, 2024
Next filing
May 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SJW Common Stock 4.7K Mar 1, 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SJW Common Stck Award $0 +27 +0.72% $0.00 3.77K Mar 1, 2024 Common Stock 27 $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents (i) 2,019 shares of the Issuer's common stock ("Common Stock"), and (ii) 2,681 shares subject to restricted stock units ("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. Excludes 3,747 shares subject to deferred stock units ("DSUs") that are vested and will be settled in accordance with an election previously made by the reporting person. DSUs are reported in Table II below. Each RSU and DSU will entitle the reporting person to one share of Common Stock upon settlement.
F2 Represents 27 shares subject to DSUs 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 ("Common Stock") underlying the awards and will vest and be settled in accordance with the same terms as the DSUs to which they relate.
F3 Represents DSUs that were previously included in the total amount of securities beneficially owned in column 5 of Table I.