4//SEC Filing
BENOIT DAVID C 4
Accession 0000766829-19-000135
CIK 0000766829other
Filed
Oct 10, 8:00 PM ET
Accepted
Oct 11, 1:34 PM ET
Size
8.2 KB
Accession
0000766829-19-000135
Insider Transaction Report
Form 4
SJW GROUPSJW
BENOIT DAVID C
President of CTWS
Transactions
- Other
Common Stock
2019-10-09+34,877→ 34,877 total - Award
Cash Settled Restricted Stock Unit
2019-10-09+3,361→ 3,361 totalFrom: 2021-03-07Exp: 2021-03-07→ Common Stock (3,361 underlying)
Footnotes (2)
- [F1]Represents shares of common stock underlying the following awards previously granted pursuant to certain performance stock programs of Connecticut Water Service, Inc. and assumed by Issuer on the effective date of the merger pursuant to that certain Second Amended and Restated Agreement and Plan of Merger by and among Connecticut Water Service, Inc., Issuer and Hydro Sub, Inc., dated as of August 5, 2018 (as amended from time to time): (i) 3,549 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 and (ii) 31,328 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. Each RSU and DSU will entitle the reporting person to one share of common stock upon settlement.
- [F2]Represents 3,361 shares of common stock underlying the restricted stock units ("RSUs") previously granted pursuant to certain stock programs of Connecticut Water Service, Inc. and assumed by Issuer on the effective date of the merger pursuant to that certain Second Amended and Restated Agreement and Plan of Merger by and among Connecticut Water Service, Inc., Issuer and Hydro Sub, Inc., dated as of August 5, 2018 (as amended from time to time). Each RSU will vest and be settled on the third anniversary of the date of grant and each RSU entitles the reporting person to a cash amount equal to one share of common stock on the vesting date.
Documents
Issuer
SJW GROUP
CIK 0000766829
Entity typeother
Related Parties
1- filerCIK 0001217198
Filing Metadata
- Form type
- 4
- Filed
- Oct 10, 8:00 PM ET
- Accepted
- Oct 11, 1:34 PM ET
- Size
- 8.2 KB