Geoffrey T. Grant - Dec 16, 2021 Form 4 Insider Report for CADIZ INC (CDZI)

Role
Director
Signature
Geoffrey T. Grant
Stock symbol
CDZI
Transactions as of
Dec 16, 2021
Transactions value $
$106,218
Form type
4
Date filed
12/17/2021, 12:26 PM
Previous filing
Dec 8, 2021
Next filing
Jan 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDZI Common Stock Purchase $106K +25K +16.11% $4.25 180K Dec 16, 2021 Direct F1, F2
holding CDZI Common Stock 30.5K Dec 16, 2021 By Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $4.19 to $4.34. The price reported above reflects the weighted average purchase 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.
F2 Includes 1,899 shares allocated to the Reporting Person under the 2019 Equity Incentive Plan for services rendered by the Reporting Person as a director of the Issuer for the 12-month period ended June 30, 2021, which shares will vest on January 31, 2022.
F3 These shares are held in five separate trusts, each holding 6,100 shares for the benefit of a child of the Reporting Person. The trustee of these trusts is not a member of the Reporting Person's immediate family. The Reporting Person disclaims beneficial ownership for the securities held by these trusts.