Jason Thuneman - Mar 17, 2022 Form 4 Insider Report for Global Water Resources, Inc. (GWRS)

Role: Vice President
Signature: /s/ Tina Caron Thomas, attorney in fact
Stock symbol: GWRS
Transactions as of: Mar 17, 2022
Transactions value $: -$62,200
Form type: 4
Date filed: 3/21/2022, 05:13 PM
Previous filing: Mar 2, 2022
Next filing: Apr 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GWRS	Common Stock	Options Exercise	$21.3K	+5K	+25.64%	$4.26	24.5K	Mar 17, 2022	Direct
transaction	GWRS	Common Stock	Disposed to Issuer	-$83.5K	-5K	-20.41%	$16.70	19.5K	Mar 17, 2022	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 Appreciation Right	Options Exercise	$0	-5K	-20%	$0.00	20K	Mar 17, 2022	Common Stock	5K	$4.26	Direct	F1

* 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 50,000 shares of stock appreciation rights on February 10, 2015. The stock appreciation rights vested over four years, 25% per year.