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4//SEC Filing

GIBSON DREW 4

Accession 0001209191-07-000679

CIK 0000766829other

Filed

Jan 2, 7:00 PM ET

Accepted

Jan 3, 5:02 PM ET

Size

12.4 KB

Accession

0001209191-07-000679

Insider Transaction Report

Form 4
Period: 2007-01-02
GIBSON DREW
Director
Transactions
  • Award

    Comon Stock

    2007-01-02$28.79/sh+500$14,39525,986 total
  • Award

    Common Stock

    2007-01-02$38.76/sh+2,735$106,00928,721 total
Holdings
  • Common Stock

    (indirect: By Trust)
    400
  • Common Stock

    (indirect: By IRA)
    800
  • Common Stock

    (indirect: By IRA)
    100
  • Common Stock

    (indirect: By Trust)
    10,000
Footnotes (4)
  • [F1]The securities represent deferred shares of the issuer's common stock credited to the reporting person's deferred compensation account pursuant to dividend equivalent rights. Those rights resulted initially in the addition of cash sums to the account equal to the dividends which would have been paid during the 2006 calendar year on the deferred stock credited to such account had that stock actually been issued and outstanding on each dividend payment date, and the accumulated sums were then converted into additional shares of deferred stock on the first business day of the following year based on the average of the closing selling prices of the issuer?s common stock on each of the dates during the 2006 calendar year on which actual dividends on the common stock were paid. The resulting shares of deferred stock will be distributed as actual shares of the issuer's common stock following the reporting person?s cessation of service as a member of the issuer's board of directors.
  • [F2]Includes 25,986 shares of deferred stock which may be subject in whole or in part to a vesting schedule tied to the reporting person's continued service as a member of the issuer's board of directors which will be distributed as actual shares of the issuer's common stock following the reporting person's cessation of such board service.
  • [F3]The securities are attributable to the reporting person's election to receive part of his non-employee director fees in the form of deferred shares of the issuer's common stock. The deferred stock will vest incrementally over the reporting person's period of board service during the 2007 calendar year, and the deferred stock which so vests will be distributed as actual shares of the issuer's common stock following the reporting person's cessation of board service. This award also includes certain dividend equivalent rights.
  • [F4]Includes 28,721 shares of deferred stock which may be subject in whole or in part to a vesting schedule tied to the reporting person?s continued service as a member of the issuer's board of directors which will be distributed as actual shares of the issuer's common stock following the reporting person's cessation of such board service.

Issuer

SJW CORP

CIK 0000766829

Entity typeother

Related Parties

1
  • filerCIK 0001245302

Filing Metadata

Form type
4
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 5:02 PM ET
Size
12.4 KB