4//SEC Filing
WESTBROOK MAUREEN P 4
Accession 0000766829-22-000004
CIK 0000766829other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 2:33 PM ET
Size
8.4 KB
Accession
0000766829-22-000004
Insider Transaction Report
Form 4
SJW GROUPSJW
WESTBROOK MAUREEN P
President of CTWS
Transactions
- Award
Common Stock
2022-01-03+1,379→ 43,071 total - Tax Payment
Common Stock
2022-01-03$72.76/sh−186$13,533→ 42,885 total
Footnotes (4)
- [F1]Represents 1,379 shares of the common stock underlying restricted stock units ("RSUs") granted to the reporting person under the issuer's Long-Term Incentive Plan. Each RSU entitles the reporting person to receive one share of common stock upon vesting of the RSU. The RSUs will vest in three annual successive installments upon the completion of the reporting person's each year of service with the issuer for the three-year period measured from the date of grant, subject to accelerated vesting under certain prescribed circumstances.
- [F2]Represents (i) 9,478 shares of the issuer's common stock, (ii) 9,795 shares subject to RSUs that will vest in three annual successive installments upon the completion of each year of the reporting person's service with the issuer for the three-year period measured from the date of grant, subject to accelerated vesting under certain prescribed circumstances, and (iii) 23,798 shares subject to DSUs that are vested and will be settled in accordance with an election previously made by the reporting person. Each RSU and DSU will entitle the reporting person to one share of common stock upon settlement.
- [F3]Represents 186 shares of common stock withheld of the issuer in satisfaction of the applicable withholding taxes on certain shares of common stock that became issuable on January 3, 2022 pursuant to the terms of the January 2, 2020 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.
- [F4]Represents (i) 9,795 shares of the issuer's common stock, (ii) 9,292 shares subject to RSUs that will vest in three annual successive installments upon the completion of each year of the reporting person's service with the issuer for the three-year period measured from the date of grant, subject to accelerated vesting under certain prescribed circumstances, and (iii) 23,798 shares subject to DSUs that are vested and will be settled in accordance with an election previously made by the reporting person. Each RSU and DSU will entitle the reporting person to one share of common stock upon settlement.
Documents
Issuer
SJW GROUP
CIK 0000766829
Entity typeother
Related Parties
1- filerCIK 0001217203
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 2:33 PM ET
- Size
- 8.4 KB