SJW CORP 4
4 · SJW CORP · Filed Apr 28, 2016
Insider Transaction Report
Form 4
SJW CORPSJW
Van Valer Robert A
Director
Transactions
- Award
Common Stock
2016-04-27+957→ 82,019 total
Footnotes (2)
- [F1]Represents 957 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 full upon the reporting person's continuation in Board service through the day immediately preceding the date of the Issuer's 2017 annual shareholders meeting, subject to accelerated vesting under certain prescribed circumstances.
- [F2]Includes 78,455 shares of the issuer's common stock, 957 shares of the issuer's common stock underlying restricted stock units, and 2,607 shares of deferred stock which will be distributed as actual shares of the issuer's common stock following the reporting person's cessation of board service.