SEC Form 4 · accession 0001144204-16-123064
Consolidated Water Co. Ltd. · CWCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brent Brodie
Officer — VP OF SALES AND MARKETING
Period of report
Sep 2, 2016
Accepted (ET)
Sep 7, 2016 · 4:08 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 | Sep 2, 2016 | M | 1,934 | $10.68 | A | 2,596 | D | |
| COMMON STOCKF1 | Sep 2, 2016 | S | 1,934 | $12.471 | D | 662 | 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 BUY)F2 | $10.68 | Sep 2, 2016 | M | 1,934 | D | Feb 22, 2014 | Feb 21, 2017 | COMMON STOCK | 1,934 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $12.47 to $12.48. 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.
- F2The option vested as to 1,934 shares on February 22, 2014. The option was set to expire as to 1,934 shares on February 21, 2017; however, the option was exercised as to 1,934 shares prior to February 21, 2017. 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.