SJW GROUP 4
4 · SJW GROUP · Filed Apr 27, 2017
Insider Transaction Report
Form 4
SJW GROUPSJW
KING DOUGLAS R
Director
Transactions
- Award
Common Stock
2017-04-26+1,155→ 11,240 total - Gift
Common Stock
2017-04-26−957→ 10,283 total - Gift
Common Stock
2017-04-26+957→ 8,293 total(indirect: By Trust)
Footnotes (4)
- [F1]Represents 1,155 restricted stock units granted to the reporting person under the Issuer's Long-Term Incentive Plan. Each restricted stock unit will entitle the reporting person to receive one share of the Issuer's common stock when that unit vests. The units will vest in full upon the reporting person's continuation in Board service through the day immediately preceding the date of the Issuer's 2018 annual stockholders meeting, subject to accelerated vesting under certain prescribed circumstances.
- [F2]Includes 2,112 shares of the issuer's common stock underlying restricted stock units, and 9,128 shares of deferred stock which will be distributed as actual shares of the issuer's common stock following the reporting person's cessation of board service.
- [F3]Represents shares of the issuer's common stock issued in the name of Douglas R. King and Melinda J. King as trustees of the King Family Trust dated June 06, 2005 upon settlement of restricted stock units as previously reported by the reporting person in Table I as directly owned.
- [F4]Includes 1,155 shares of the issuer's common stock underlying restricted stock units, and 9,128 shares of deferred stock which will be distributed as actual shares of the issuer's common stock following the reporting person's cessation of board service.