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

Role: Vice President
Signature: /s/ Tina Caron Thomas, attorney in fact
Issuer symbol: GWRS
Transactions as of: 17 Mar 2022
Net transactions value: -$62,200
Form type: 4
Filing time: 21 Mar 2022, 17:13:25 UTC
Previous filing: 02 Mar 2022
Next filing: 04 Apr 2022
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	$21,300	+5,000	+26%	$4.26	24,500	17 Mar 2022	Direct
transaction	GWRS	Common Stock	Disposed to Issuer	$83,500	-5,000	-20%	$16.70	19,500	17 Mar 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	-5,000	-20%	$0.000000	20,000	17 Mar 2022	Common Stock	5,000	$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.