Jason Thuneman - 20 Jun 2023 Form 4 Insider Report for Global Water Resources, Inc. (GWRS)

Role
Vice President
Signature
/s/ Shelley Kitts, attorney-in-fact
Issuer symbol
GWRS
Transactions as of
20 Jun 2023
Net transactions value
-$186,747
Form type
4
Filing time
22 Jun 2023, 20:08:38 UTC
Previous filing
02 Jun 2023
Next filing
26 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GWRS Common Stock Options Exercise $168,900 +15,000 +64% $11.26 38,536 20 Jun 2023 Direct
transaction GWRS Common Stock Tax liability $168,897 -13,566 -35% $12.45 24,970 20 Jun 2023 Direct

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 Stock Option (Right to Buy) Disposed to Issuer $186,750 -15,000 -75% $12.45 5,000 20 Jun 2023 Common Stock 15,000 $11.26 Direct F1
transaction GWRS Stock Option (Right to Buy) Disposed to Issuer $0 -5,000 -100% $0.000000* 0 20 Jun 2023 Common Stock 5,000 $11.26 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was originally granted 20,000 stock options on August 13, 2019. The option vests in four equal annual installments on August 13, 2020, August 13, 2021, August 13, 2022, and August 13, 2023.
F2 Represents the forfeiture of incentive stock options granted to the reporting person on August 13, 2019 that were eligible to vest on August 13, 2023.