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

Role
CFO
Signature
Stanley E. Speer
Issuer symbol
CDZI
Transactions as of
15 Mar 2024
Net transactions value
$0
Form type
4
Filing time
27 Mar 2024, 16:23:34 UTC
Previous filing
07 Dec 2023
Next filing
26 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDZI Common Stock Options Exercise $0 +20,124 +34% $0.000000 79,708 15 Mar 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 -42,500 -100% $0.000000* 0 15 Mar 2024 Common Stock 42,500 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.