SEC Form 4 · accession 0000766829-19-000008
H2O AMERICA · HTO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Suzy Papazian
Officer — Gen. Counsel/Corp. Secretary
Period of report
Jan 2, 2019
Accepted (ET)
Jan 3, 2019 · 7:36 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000766829
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 2, 2019 | A | 1,352 | $0.00 | A | 7,870 | D | |
| Common StockF3,F4 | Jan 2, 2019 | F | 170 | $54.74 | D | 7,700 | D | |
| Common Stock | holding | — | — | — | 5,526 | I | By the John Affaki and Suzy Papazian Living Trust dated December 10, 2008 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents 1,352 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 installment 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.
- F2Represents 3,703 shares of the issuer's common stock and 4,167 shares of the issuer's common stock underlying RSUs that will vest and become issuable in accordance with their terms.
- F3Represents 170 shares of common stock withheld by the issuer to satisfy the reporting person's tax withholding obligations with respect to an aggregate of 417 shares of common stock underlying RSUs that vested and became issuable on January 2, 2019 pursuant to the terms of the January 2, 2018 Restricted Stock Issuance Agreement between the issuer and the reporting person. 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 3,950 shares of the issuer's common stock and 3,750 shares of the issuer's common stock underlying RSUs that will vest and become issuable in accordance with their terms.