SEC Form 4 · accession 0001434728-18-000162
Global Water Resources, Inc. · GWRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
L Rita Theil
Other
Period of report
Aug 13, 2018
Accepted (ET)
Aug 15, 2018 · 4:40 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 | Aug 13, 2018 | M | 47,744 | $0.00 | A | 53,137 | D | |
| Common Stock | Aug 13, 2018 | D | 47,744 | $9.74 | D | 5,393 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Phantom UnitF1,F2,F3 | — | Aug 13, 2018 | M | 47,744 | D | — | — | Common Stock | 47,744 | 0 | D |
Explanation of responses
- F1Each deferred phantom unit ("DPU") was the economic equivalent to one share of common stock of Global Water Resources, Inc. ("the Company").
- F2The reporting person ceased to be a director of the Company effective May 16, 2018.
- F3The DPUs are fully vested upon grant. In addition, the DPUs are only permitted to be redeemed upon the reporting person ceasing to be a director of the Company and do not have a set expiration date.