SEC Form 4 · accession 0001434728-18-000157
Global Water Resources, Inc. · GWRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronnie L Fleming
Officer — President and CEO · Director
Period of report
Aug 13, 2018
Accepted (ET)
Aug 15, 2018 · 4:30 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 Stock | Aug 13, 2018 | M | 55,000 | $5.13 | A | 65,796 | D | |
| Common Stock | Aug 13, 2018 | D | 55,000 | $9.74 | D | 10,796 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF1 | $5.13 | Aug 13, 2018 | M | 55,000 | D | — | May 7, 2025 | Common Stock | 55,000 | 125,000 | D |
Explanation of responses
- F1The reporting person was originally granted 180,000 of the stock appreciation rights on May 8, 2015, which vest over sixteen quarters, vesting 20% per year for the first three years, with the remainder, 40%, vesting in year four.