Stock and RSU awards for H2O America (HTO) CAO Kristen Johnson
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
H2O America’s Chief Administrative Officer Kristen A. Johnson reported several equity awards and a related tax withholding transaction. She received 1,312 restricted stock units that vest in three annual installments, plus 1,263 performance-based RSUs that vested after meeting ROE and TSR goals, and 145 deferred stock units from dividend equivalents. To cover taxes on the vesting RSUs, 470 shares of common stock were withheld at $53.79 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Johnson A Kristen
Role
Chief Administrative Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stck | 145 | $0.00 | -- |
| Grant/Award | Common Stock | 1,312 | $0.00 | -- |
| Grant/Award | Common Stock | 1,263 | $0.00 | -- |
| Tax Withholding | Common Stock | 470 | $53.79 | $25K |
Holdings After Transaction:
Common Stck — 18,021 shares (Direct);
Common Stock — 13,772 shares (Direct)
Footnotes (1)
- Represents 1,312 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. Represents (i) 1,034 shares of Issuer's Common Stock subject to the 2023 RSUs that vested upon the attainment of a certain performance goal based on average return on equity ("ROE") measured over a period from January 1, 2023 to December 31, 2025 and continued service by the reporting person through December 31, 2025 and (ii) 229 shares of Common Stock subject to the 2023 RSUs that vested upon the attainment of a certain performance goal based on relative total shareholder return ("TSR") measured over a period from January 1, 2023 to December 31, 2025 and continued service by the reporting person through December 31, 2025. Represents (i) 385 shares of Common Stock withheld in satisfaction of the applicable withholding taxes on shares of Common Stock that became issuable pursuant to the vesting of the 2023 ROE RSUs reported on this Form 4 and (ii) 85 shares of Common Stock withheld in satisfaction of the applicable withholding taxes on shares of Common Stock that became issuable pursuant to the vesting of the 2023 TSR RSUs reported on this Form 4. Represents 7,777 shares of Common Stock and 6,788 shares of the Common Stock underlying RSUs which will vest and become issuable in accordance with their terms. Represents 145 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.
FAQ
What equity awards did H2O America (HTO) CAO Kristen Johnson report?
Kristen Johnson reported new equity awards including 1,312 restricted stock units, 1,263 performance-based RSUs that vested after meeting ROE and TSR goals, and 145 deferred stock units from dividend equivalents, all tied to her ongoing service with H2O America.
How do Kristen Johnson’s 1,312 RSUs from H2O America (HTO) vest?
The 1,312 RSUs vest in three equal annual installments. Each installment depends on one additional year of continued service, so all units are scheduled to vest over a three-year period measured from the original grant date.
What performance goals triggered vesting of H2O America (HTO) 2023 RSUs?
The 2023 RSUs vested based on achieving return on equity and relative total shareholder return goals. Performance was measured over January 1, 2023 to December 31, 2025, with vesting also requiring Kristen Johnson’s continued service through December 31, 2025.
What are the 145 deferred stock units reported by H2O America (HTO) CAO?
The 145 deferred stock units come from dividend equivalent rights on earlier DSU grants. These rights accrue when H2O America pays dividends and will vest and settle under the same terms as the original DSUs from Connecticut Water Service, Inc.