4//SEC Filing
Patla Craig J 4
Accession 0000766829-24-000008
CIK 0000766829other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 7:53 PM ET
Size
8.3 KB
Accession
0000766829-24-000008
Insider Transaction Report
Form 4
SJW GROUPSJW
Patla Craig J
President of CTWS
Transactions
- Tax Payment
Common Stock
2024-01-03$64.78/sh−272$17,620→ 8,431 total - Award
Common Stock
2024-01-02+1,603→ 8,703 total
Footnotes (4)
- [F1]Represents 1,603 shares of the issuer's common stock ("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 units will vest in three successive annual installments upon the reporting person's completion of each year of service with the issuer over the three-year period measured from the date of grant.
- [F2]Represents (i) 1,137 shares of Common Stock, (ii) 3,819 shares subject to 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 (iii) 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. Each RSU and DSU will entitle the reporting person to one share of common stock upon settlement.
- [F3]Represents 272 shares of Common Stock withheld in satisfaction of the applicable withholding taxes on certain shares of Common Stock that became issuable on January 3, 2024 pursuant to the terms of the January 3, 2022 and January 3, 2023 Restricted Stock Unit Issuance Agreements between the reporting person and the issuer. The issuable shares were previously reported as Table I securities at the time the restricted stock units were granted, and accordingly the issuance of those shares is not a reportable transaction on this Form 4.
- [F4]Represents (i) 1,599 shares of Common Stock, (ii) 3,085 shares subject to 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 (iii) 3,747 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.
Documents
Issuer
SJW GROUP
CIK 0000766829
Entity typeother
Related Parties
1- filerCIK 0001604317
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 7:53 PM ET
- Size
- 8.3 KB