SEC Form 5 · accession 0001191901-18-000002
CADIZ INC · CDZI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keith Brackpool
Director
Period of report
Dec 31, 2017
Accepted (ET)
Feb 8, 2018 · 4:50 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000727273
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 7, 2017 | M | 100,000 | $0.00 | A | 285,000 | D | |
| Common Stock | Sep 14, 2017 | G | 35,000 | $0.00 | D | 250,000 | D | |
| Common Stock | Oct 11, 2017 | G | 40,000 | $0.00 | D | 210,000 | D | |
| Common Stock | Nov 24, 2017 | G | 40,000 | $0.00 | D | 170,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3 | — | Jun 7, 2017 | M | 100,000 | D | — | — | Common Stock | 100,000 | 0 | D |
| Employee Stock Options (right to buy)F2 | $11.50 | holding | — | — | — | Jan 14, 2012 | Jan 14, 2020 | Common Stock | 200,000 | 200,000 | D |
Explanation of responses
- F1Represents vesting of 100,000 previously reported restricted stock units ("RSUs").
- F2Previously reported.
- F3Each previously reported RSU represented a contingent right to receive one share of Cadiz Inc. common stock, which right vested June 7, 2017.