Scott S. Slater - Jul 13, 2023 Form 4 Insider Report for CADIZ INC (CDZI)

Role
Chief Executive Officer, Director
Signature
Scott S. Slater
Stock symbol
CDZI
Transactions as of
Jul 13, 2023
Transactions value $
$49,000
Form type
4
Date filed
7/17/2023, 08:46 AM
Previous filing
Mar 22, 2023
Next filing
Mar 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDZI Common Stock Purchase $49K +14K +12.74% $3.50 124K Jul 13, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding CDZI Restricted Stock Units 85K Jul 13, 2023 Common Stock 85K Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Previously reported.
F2 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Cadiz Inc. common stock.
F3 These RSUs will vest upon the Company's entering into final binding water supply arrangement for delivery of at least 9,500 acre-feet per year, subject to the Reporting Person's continuing employment as of such vesting event.
F4 The Reporting Person disclaims beneficial ownership of these securities until such time, and to the extent, that ownership of these securities has vested