Michael J. Liebman - Sep 30, 2021 Form 4 Insider Report for Global Water Resources, Inc. (GWRS)

Role
CFO and Corporate Secretary
Signature
/s/ Shelley Kitts, attorney-in-fact
Stock symbol
GWRS
Transactions as of
Sep 30, 2021
Transactions value $
-$43,809
Form type
4
Date filed
10/4/2021, 06:22 PM
Previous filing
Sep 2, 2021
Next filing
Nov 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GWRS Common Stock Options Exercise $0 +764 +0.99% $0.00 78K Sep 30, 2021 Direct F1
transaction GWRS Common Stock Options Exercise $0 +1.58K +2.03% $0.00 79.6K Sep 30, 2021 Direct F2
transaction GWRS Common Stock Options Exercise -$43.8K -2.34K -2.95% $18.69 77.2K Sep 30, 2021 Direct F3

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 GWRS Restricted Stock Units Award $0 +18 +0.24% $0.00 7.41K Sep 30, 2021 Common Stock 18 Direct F1, F4, F5
transaction GWRS Restricted Stock Units Options Exercise $0 -764 -10.31% $0.00 6.65K Sep 30, 2021 Common Stock 764 Direct F1, F5, F6
transaction GWRS Phantom Stock Unit Options Exercise $0 -1.58K -29.21% $0.00 3.83K Sep 30, 2021 Common Stock 1.58K Direct F2, F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company").
F2 Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company").
F3 The exercise price was determined by taking the weighted average closing share price of the Company's common stock of the five day period prior to September 30, 2021.
F4 The RSUs are fully vested upon grant and immediately exercisable. The RSUs do not have a set expiration date.
F5 The total includes prior grants that have different vesting and expiration dates, as previously reported by the reporting person.
F6 The RSUs are exercisable at time of vesting and do not have a set expiration date.
F7 The PSUs are exercisable at time of vesting and do not have a set expiration date.