4//SEC Filing
YIP ANGELA 4
Accession 0001209191-09-001271
CIK 0000766829other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 7:13 PM ET
Size
11.0 KB
Accession
0001209191-09-001271
Insider Transaction Report
Form 4
SJW CORPSJW
YIP ANGELA
Executive VP of Finance
Transactions
- Award
Common Stock
2009-01-02$28.17/sh+61$1,718→ 7,623 total - Award
Common Stock
2009-01-02+1,700→ 9,323 total - Tax Payment
Common Stock
2009-01-02$29.41/sh−159$4,676→ 9,164 total
Footnotes (6)
- [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 2008 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 January 2, 2009 based on the average of the closing selling prices of the issuer's common stock on each of the dates during the 2008 calendar year on which actual dividends on the common stock were paid. Such shares of deferred stock will be issued as fully vested shares of the issuer's Common Stock on January 5, 2009.
- [F2]Includes 5,523 shares of Common Stock, 1,885 shares underlying restricted stock units, and 215 shares of deferred stock which will be distributed as actual shares of the issuer's Common Stock on January 5, 2009.
- [F3]Represents 1,700 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 completion 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.
- [F4]Includes 5,523 shares of Common Stock, 3,585 shares underlying restricted stock units, and 215 shares of deferred stock which will be distributed as actual shares of the issuer's Common Stock on January 5, 2009.
- [F5]Represents 159 shares of Common Stock of the issuer withheld by the issuer in satisfaction of the applicable withholding taxes on certain shares of Common Stock that became issuable on January 2, 2009 pursuant to the terms of the January 2, 2008 Restricted Stock Unit Issuance Agreement 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.
- [F6]Includes 5,364 shares of Common Stock, 3,585 shares of underlying restricted stock units, and 215 shares of deferred stock which will be distributed as actual shares of the issuer's Common Stock on January 5, 2009.
Documents
Issuer
SJW CORP
CIK 0000766829
Entity typeother
Related Parties
1- filerCIK 0001245335
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 7:13 PM ET
- Size
- 11.0 KB