SEC Form 4 · accession 0000766829-18-000014

H2O AMERICA · HTO

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Table I — non-derivative securities

Table II — derivative securities

Explanation of responses

• F1Represents 1,403 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 services with the issuer for the three-year period measured from the date of grant, subject to accelerated vesting under certain prescribed circumstances.
• F2Represents 1,903 shares of the issuer's common stock, 2,500 shares of the issuer's common stock held under a Roth IRA account, 13,068 shares of the issuer's common stock held by Mr. Lynch and his spouse in joint tenancy, and 5,735 shares of the issuer's common stock underling restricted stock units.
• F3Represents 408 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 2, 2018 pursuant to the terms of the January 2, 2015 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.
• F4Represents 1,903 shares of the issuer's common stock, 2,500 shares of the issuer's common stock held under a Roth IRA account, 13,590 shares of the issuer's common stock held by Mr. Lynch and his spouse in joint tenancy, and 4,805 shares of the issuer's common stock underling restricted stock units that will vest and become issuable in accordance with their terms.