SEC Form 4 · accession 0001144204-16-103675
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
May 17, 2016
Accepted (ET)
May 19, 2016 · 5:00 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 | May 17, 2016 | M | 400 | $9.11 | A | 8,600 | D | |
| COMMON STOCKF1 | May 17, 2016 | S | 400 | $14.26 | D | 8,200 | D | |
| COMMON STOCK | May 18, 2016 | M | 4,200 | $9.11 | A | 12,400 | D | |
| COMMON STOCKF2 | May 18, 2016 | S | 4,200 | $13.7469 | D | 8,200 | 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 | May 17, 2016 | M | 400 | D | Jul 15, 2013 | Jul 14, 2017 | COMMON STOCK | 10,600 | 10,200 | D |
| OPTION (RIGHT TO BUYF3 | $9.11 | May 18, 2016 | M | 4,200 | D | Jul 15, 2013 | Jul 14, 2017 | COMMON STOCK | 10,200 | 6,000 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $14.25 to $14.29. 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 $13.51 to $13.98. 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 4,600 shares and 6,000 on each of July 15, 2013 and July 15, 2014, respectively. The option was set to expire as to 4,600 shares and 6,000 shares at the end of the day on each of July 14, 2016 and July 14, 2017, respectively; however, the option was exercised on May 17, 2016 and May 18, 2016 as to an aggregate of 4,600 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 issuer's common stock as of the close of business on the date of grant.