Ronnie L. Fleming - Mar 31, 2023 Form 4 Insider Report for Global Water Resources, Inc. (GWRS)

Role
President and CEO, Director
Signature
/s/ Suzette Prante, attorney-in-fact
Stock symbol
GWRS
Transactions as of
Mar 31, 2023
Transactions value $
-$39,267
Form type
4
Date filed
4/4/2023, 06:19 PM
Previous filing
Mar 2, 2023
Next filing
May 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GWRS Common Stock Options Exercise $0 +3.15K +2.76% $0.00 117K Mar 31, 2023 Direct F1
transaction GWRS Common Stock Disposed to Issuer -$39.3K -3.15K -2.69% $12.45 114K Mar 31, 2023 Direct F2

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 +13.2K +116.86% $0.00 24.5K Mar 31, 2023 Common Stock 13.2K Direct F1, F3, F4
transaction GWRS Restricted Stock Units Options Exercise $0 -3.15K -12.85% $0.00 21.4K Mar 31, 2023 Common Stock 3.15K Direct F1, F4, F5
* 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 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 March 31, 2023.
F3 The RSUs are fully vested upon grant and immediately exercisable. The RSUs do not have a set expiration date.
F4 The total includes prior grants that have different vesting and expiration dates, as previously reported by the reporting person.
F5 The RSUs are exercisable at time of vesting and do not have a set expiration date.