SEC Form 4/A · accession 0001434728-18-000219
Global Water Resources, Inc. · GWRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Michael J Liebman
Officer — CFO and Corporate Secretary
Period of report
Sep 28, 2018
Accepted (ET)
Oct 3, 2018 · 1:57 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 | Sep 28, 2018 | M | 2,893 | $0.00 | A | 12,893 | D | |
| Common StockF2 | Sep 28, 2018 | D | 2,893 | $10.41 | D | 10,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitF4,F1,F3 | — | Sep 28, 2018 | A | 36 | A | — | — | Common Stock | 36 | 16,205 | D |
| Phantom Stock UnitF4,F1,F5 | — | Sep 28, 2018 | M | 2,893 | D | — | — | Common Stock | 2,893 | 13,312 | D |
Explanation of responses
- F1Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company").
- F2The exercise price was determined by taking the weighted average closing share price of the Company's common stock of the five day period prior to September 28, 2018.
- F3The PSUs are fully vested upon grant and immediately exercisable. The PSUs do not have a set expiration date.
- F4The total includes prior grants of PSUs that have different vesting and expiration dates, as previously reported by the reporting person.
- F5The PSUs are exercisable at time of vesting and do not have a set expiration date.