Patla Craig J 4
4 · SJW GROUP · Filed Jan 7, 2025
Insider Transaction Report
Form 4
SJW GROUPSJW
Patla Craig J
President of CTWS
Transactions
- Tax Payment
Common Stock
2025-01-03$48.27/sh−273$13,178→ 5,088 total
Holdings
- 3,855
Common Stck
Exercise: $0.00→ Common Stock (3,855 underlying)
Footnotes (3)
- [F1]Represents 273 shares of Common Stock withheld in satisfaction of the applicable withholding taxes on certain shares of Common Stock that became issuable on January 3, 2025 pursuant to the terms of the January 3, 2022 and January 3, 2023 Restricted Stock Unit Issuance Agreements, respectively, between the reporting person and the issuer. The issuable shares were previously reported as Table I securities at the time the restricted stock units ("RSUs") were granted, and accordingly the issuance of those shares is not a reportable transaction on this Form 4.
- [F2]Represents 1,418 shares of Common Stock and 3,670 shares of the Common Stock underlying RSUs which will vest and become issuable in accordance with their terms.
- [F3]Represents 3,855 shares subject to deferred stock units ("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.