SEC Form 4 · accession 0001144204-16-135711
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
Nov 21, 2016
Accepted (ET)
Nov 21, 2016 · 5:53 pm EST
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 | Nov 21, 2016 | M | 6,000 | $9.11 | A | 15,528 | D | |
| COMMON STOCKF1 | Nov 21, 2016 | S | 6,000 | $11.2042 | D | 9,528 | 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 BUYF2 | $9.11 | Nov 21, 2016 | M | 6,000 | D | Jul 15, 2014 | Jul 14, 2017 | COMMON STOCK | 6,000 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $11.10 to $11.25. 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 6,000 shares on July 15, 2014. The option was set to expire as to 6,000 shares at the end of the day on July 14, 2017; however, the option was exercised on November 21, 2016 as to an aggregate of 6,000 shares as to which the option would have expired on July 14, 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.