Johnson A Kristen sold SJW
January 3, 2024 · Form 4 insider transaction
Johnson A Kristen sold 340 shares of SJW at $64.78 per share, a transaction worth $22.0K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
Represents 340 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, 2022 and 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.; Represents (i) 3,370 shares of the issuer's common stock, (ii) 3,585 shares subject to 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, and (iii) 16,807 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