4//SEC Filing
SJW CORP 4
Accession 0001209191-08-000797
$HTOCIK 0000766829operating
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 2:37 PM ET
Size
11.7 KB
Accession
0001209191-08-000797
Insider Transaction Report
Form 4
SJW CORPSJW
YIP ANGELA
Executive VP of Finance
Transactions
- Tax Payment
Common Stock
2008-01-02$32.60/sh−165$5,379→ 6,731 total - Award
Common Stock
2008-01-02$34.30/sh+86$2,950→ 5,415 total - Award
Common Stock
2008-01-02$33.75/sh+1,481$49,984→ 6,896 total
Footnotes (7)
- [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 initally in the addition of cash sums to the account equal to the dividends which would have been paid during the 2007 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 acucmulated sums were then converted into additional shares of deferred stock on January 2, 2008 based on the avearge of the closing selling prices of the issuer's common stock on each of the dates during the 2007 calendar year on which actual dividends on the common stock were paid.
- [F2]The resulting shares of deferred stock may be subject in whole or in part to vesting schedules tied to the reporting person's continued service with the issuer and will be distributed as actual shares of the issuer's common stock either at the time of vesting or at a specified time thereafter (including termination of service with the employer).
- [F3]Includes 4,100 shares of Common Stock, 1,161 shares underlying restricted stock units, and 154 shares of deferred stock which may be subject is whole or in part to vesting schedules tied to the reporting person's continued service with the issuer and which will be distributed as actual shares of the issuer's Common Stock either at the time of vesting or at a specified time thereafter (including termination of service with the issuer).
- [F4]Represents 1,481 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 four successive annual installments upon the reporting person's comletion of each year of service with the issuer over the four-year period measured from the issue date of the units, subject to accelerated vesting under certain prescribed circumstances
- [F5]Includes 4,100 shares of Common Stock, 2,642 shares underlying restricted stock units, and 154 shares of deferred stock which may be subject in whole or in part to vesting schedules tied to the reporting person's continued service with the issuer and which will be distributed as actual shares of the issuer's Common Stock either at the time of vesting or at a specified time thereafter (including termination of service with the issuer).
- [F6]Represents 165 shares of Common Stock of the issuer withheld by the issuer to satisfy witholding taxes per the terms of the Restricted Stock Unit Issuance Agreement between the issuer and the reporting person dated December 29, 2006.
- [F7]Includes 3,935 shares of Common Stock, 2,642 shares of underlying restricted stock units, and 154 shares of deferred stock which may be subject in whole or in part to vesting schedules tied to the reporting person's continued service with the issuer and which will be distributed as actual shares of the issuer's Common Stock either at the time of vesting or at a specified time thereafter (including termination of service with the issuer).
Documents
Issuer
SJW CORP
CIK 0000766829
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000766829
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 2:37 PM ET
- Size
- 11.7 KB