SEC Form 4 · accession 0001144204-15-036255
Consolidated Water Co. Ltd. · CWCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Tonner
Officer — CHIEF OPERATING OFFICER
Period of report
Jun 5, 2015
Accepted (ET)
Jun 9, 2015 · 3:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000928340
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCK | Jun 5, 2015 | M | 3,000 | $9.11 | A | 8,200 | D | |
| COMMON STOCKF1 | Jun 5, 2015 | S | 3,000 | $12.5566 | D | 5,200 | D | |
| COMMON STOCK | Jun 8, 2015 | M | 1,400 | $9.11 | A | 6,600 | D | |
| COMMON STOCKF2 | Jun 8, 2015 | S | 1,400 | $12.7404 | D | 5,200 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OPTION (RIGHT TO BUYF3 | $9.11 | Jun 5, 2015 | M | 3,000 | D | Jul 15, 2012 | Jul 14, 2017 | COMMON STOCK | 18,000 | 15,000 | D |
| OPTION (RIGHT TO BUYF3 | $9.11 | Jun 8, 2015 | M | 1,400 | D | Jul 15, 2012 | Jul 14, 2017 | COMMON STOCK | 15,000 | 13,600 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $12.49 to $12.65. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F2This transaction was executed in multiple trades at prices ranging from $12.74 to $12.75. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3The option vested as to 6,000 shares on each of July 15, 2012, July 15, 2013 and July 15, 2014. The option was set to expire as to 6,000 shares on each of July 14, 2015, July 14, 2016 and July 14, 2017; however, the option was exercised on June 5, 2015 as to 3,000 shares as to which the option would have expired on July 14, 2015 and on June 8, 2015 as to 1,400 shares as to which the option would have expired on July 14, 2016. The exercise price of the option equals the market price of the Company's common stock as of the close of business on the date of grant.