Michael J. Liebman - Dec 29, 2023 Form 4 Insider Report for Global Water Resources, Inc. (GWRS)

Role
CFO and Corporate Secretary
Signature
/s/ Suzette Prante, attorney-in-fact
Stock symbol
GWRS
Transactions as of
Dec 29, 2023
Transactions value $
-$26,542
Form type
4
Date filed
1/3/2024, 05:57 PM
Previous filing
Dec 4, 2023
Next filing
Feb 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GWRS Common Stock Options Exercise $0 +2.02K +2.25% $0.00 92K Dec 29, 2023 Direct F1
transaction GWRS Common Stock Disposed to Issuer -$26.5K -2.02K -2.2% $13.12 90K Dec 29, 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 +19 +0.19% $0.00 9.83K Dec 29, 2023 Common Stock 19 Direct F1, F3, F4
transaction GWRS Restricted Stock Units Options Exercise $0 -2.02K -20.58% $0.00 7.81K Dec 29, 2023 Common Stock 2.02K 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 December 29, 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.