SEC Form 4 · accession 0000899243-16-019339
Global Water Resources, Inc. · GWRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cindy M Bowers
Director
Period of report
May 3, 2016
Accepted (ET)
May 5, 2016 · 9:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001434728
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 3, 2016 | A | 63,524 | — | A | 237,002 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3,F4 | $8.65 | holding | — | — | — | — | Jun 23, 2018 | Common Stock | 43,393 | 43,393 | D |
Explanation of responses
- F1On May 3, 2016, Global Water Resources, Inc. (the "Company") completed its merger (the "Merger") with GWR Global Water Resources Corp. ("GWRC") pursuant to which GWRC merged with and into the Company, with the Company surviving as a Delaware corporation. Holders of GWRC's common shares received one share of the Company's common stock for each then outstanding common share of GWRC. As a result, the reporting person received 63,524 shares of the Company's common stock for the 63,524 common shares of GWRC held by the reporting person prior to the consummation of the Merger.
- F2On April 28 2016, the Company effected a 100.68-for-1 forward stock split of its common stock. The number of shares reported reflects the stock split.
- F3This stock option was previously reported as covering 431 shares at an exercise price of $870.66 per share, but was adjusted to reflect the stock split described in footnote (2) to this Form 4.
- F4This stock option is immediately exercisable.