Johnson A Kristen 4
4 · SJW GROUP · Filed Jun 5, 2024
Insider Transaction Report
Form 4
SJW GROUPSJW
Johnson A Kristen
Chief Administrative Officer
Transactions
- Award
Common Stck
2024-06-03+125→ 17,051 total→ Common Stock (125 underlying)
Holdings
- 8,186
Common Stock
Footnotes (2)
- [F1]Represents (i) 5,104 shares of the Issuer's common stock ("Common Stock"), and (ii) 3,082 shares subject to restricted stock units ("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. Excludes 17,051 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. DSUs are reported in Table II below. Each RSU and DSU will entitle the reporting person to one share of Common Stock upon settlement.
- [F2]Represents 125 shares subject to DSUs granted to the Reporting Person pursuant to dividend equivalent rights ("DERs") accrued on outstanding DSUs granted by Connecticut Water Service, Inc., a wholly owned subsidiary of the Issuer. DERs accrue when and as dividends are paid on the Common Stock underlying the awards and will vest and be settled in accordance with the same terms as the DSUs to which they relate.