Michael J. Liebman - Mar 28, 2024 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
Mar 28, 2024
Transactions value $
-$25,783
Form type
4
Date filed
4/1/2024, 09:18 PM
Previous filing
Mar 4, 2024
Next filing
May 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GWRS Common Stock Options Exercise $0 +2.01K +2.23% $0.00 92K Mar 28, 2024 Direct F1
transaction GWRS Common Stock Disposed to Issuer -$25.8K -2.01K -2.18% $12.84 90K Mar 28, 2024 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 +15 +0.19% $0.00 7.85K Mar 28, 2024 Common Stock 15 Direct F1, F3, F4
transaction GWRS Restricted Stock Units Options Exercise $0 -2.01K -25.57% $0.00 5.84K Mar 28, 2024 Common Stock 2.01K 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 28, 2024.
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.