Stanley E. Speer - Mar 15, 2024 Form 4 Insider Report for CADIZ INC (CDZI)

Role
CFO
Signature
Stanley E. Speer
Stock symbol
CDZI
Transactions as of
Mar 15, 2024
Transactions value $
$0
Form type
4
Date filed
3/27/2024, 04:23 PM
Previous filing
Dec 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDZI Common Stock Options Exercise $0 +20.1K +33.77% $0.00 79.7K Mar 15, 2024 Direct F1

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
transaction CDZI Restricted Stock Units Options Exercise $0 -42.5K -100% $0.00* 0 Mar 15, 2024 Common Stock 42.5K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.