4//SEC Filing
Hauk Bruce A 4
Accession 0000766829-24-000004
CIK 0000766829other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 6:38 PM ET
Size
10.1 KB
Accession
0000766829-24-000004
Insider Transaction Report
Form 4
SJW GROUPSJW
Hauk Bruce A
President and COO
Transactions
- Tax Payment
Common Stock
2024-01-03$64.78/sh−151$9,782→ 8,448 total - Award
Common Stock
2024-01-02+2,083→ 8,969 total - Tax Payment
Common Stock
2024-01-02$65.65/sh−370$24,291→ 8,599 total
Footnotes (6)
- [F1]Represents 2,083 shares of the issuer's common stock ("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) 649 shares of the issuer's Common Stock, including 313 shares of Common Stock that were previously reported on a Form 4 dated August 24, 2023 and inadvertently excluded from the total number of shares owned by the reporting person; and (ii) 8,320 shares of Common Stock underlying RSUs that will vest and become issuable in accordance with their terms.
- [F3]Represents 370 shares of issuer's Common Stock withheld in satisfaction of the applicable withholding taxes on certain shares of Common Stock that became issuable on December 31, 2023 pursuant to the terms of the December 20, 2022 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) 1,530 shares of Common Stock; and (ii) 7,069 shares of Common Stock underlying restricted stock units that will vest and become issuable in accordance with their terms.
- [F5]Represents 151 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, 2024 pursuant to the terms of the January 3, 2023 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]Represents (i) 1,890 shares of Common Stock; and (ii) 6,558 shares of Common Stock underlying restricted stock units that will vest and become issuable in accordance with their terms.
Documents
Issuer
SJW GROUP
CIK 0000766829
Entity typeother
Related Parties
1- filerCIK 0001805479
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 6:38 PM ET
- Size
- 10.1 KB