Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CDZI | Common Stock | Options Exercise | $0 | +20.1K | +51% | $0.00 | 59.6K | Mar 1, 2023 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CDZI | Restricted Stock Units | Options Exercise | $0 | -42.5K | -50% | $0.00 | 42.5K | Mar 1, 2023 | Common Stock | 42.5K | Direct | F1, F2, F3, F4 |
Id | Content |
---|---|
F1 | Represents the vesting of 42,500 previously reported restricted stock units ("RSUs") and the concurrent issuance of net 20,124 shares of common stock as a consequence of such vesting, after giving effect to tax withholding as permitted under the approved terms applicable to the grant of the RSUs. |
F2 | Each previously reported RSU represents a contingent right to receive one share of Cadiz Inc. common stock. |
F3 | 42,500 of these RSUs owned following the reporting transaction will vest upon the Company's entering into final binding water supply agreements for delivery of at least 9,500 acre-feet per year, subject to the Reporting Person's continuing employment as of such vesting date. |
F4 | The Reporting Person disclaims beneficial ownership of these securities until such time, and to the extent, that ownership of the securities has vested. |