Peter C. Howell - 14 Jul 2023 Form 4 Insider Report for PURE CYCLE CORP (PCYO)

Reporting relationship: Director
Issuer ticker: PCYO
Reported as of: 14 Jul 2023
Net transaction value: -$17.8
SEC form: 4
Accepted by SEC: 19 Jul 2023, 19:33:03 UTC
Prior SEC filing: 13 Jan 2023
Next SEC filing: 18 Jan 2024
Source filing: View source filing
Reporting owner signature: /s/ Mark W. Harding, Attorney-in-Fact

Key filing fact

Peter C. Howell filed Form 4 for PURE CYCLE CORP (PCYO) on 19 Jul 2023.

Key facts

This page summarizes Peter C. Howell's Form 4 filing for PURE CYCLE CORP (PCYO).
9 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 19 Jul 2023, 19:33.

Change

Previous filing in this sequence was filed on 13 Jan 2023.
Current net transaction value: -$17.8.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PCYO transaction

Common Stock

Options Exercise

Transaction value: $39,520
Shares: +6,500
Change %: +26%
Price: $6.08
Shares after: 31,224
Date: 14 Jul 2023
Ownership: Direct

PCYO transaction

Common Stock

Tax liability

Transaction value: $39,525
Shares: -3,529
Change %: -11%
Price: $11.20
Shares after: 27,695
Date: 14 Jul 2023
Ownership: Direct
Footnotes: F1

PCYO transaction

Common Stock

Options Exercise

Transaction value: $27,105
Shares: +6,500
Change %: +23%
Price: $4.17
Shares after: 34,195
Date: 14 Jul 2023
Ownership: Direct

PCYO transaction

Common Stock

Tax liability

Transaction value: $27,115
Shares: -2,421
Change %: -7.1%
Price: $11.20
Shares after: 31,774
Date: 14 Jul 2023
Ownership: Direct
Footnotes: F1

PCYO transaction

Common Stock

Options Exercise

Transaction value: $28,210
Shares: +6,500
Change %: +20%
Price: $4.34
Shares after: 38,274
Date: 14 Jul 2023
Ownership: Direct

PCYO transaction

Common Stock

Tax liability

Transaction value: $28,213
Shares: -2,519
Change %: -6.6%
Price: $11.20
Shares after: 35,755
Date: 14 Jul 2023
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PCYO transaction Derivative

Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -6,500
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 14 Jul 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 6,500
Exercise price: $6.08

PCYO transaction Derivative

Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -6,500
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 14 Jul 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 6,500
Exercise price: $4.17

PCYO transaction Derivative

Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -6,500
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 14 Jul 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 6,500
Exercise price: $4.34

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

Represents a "net exercise" of outstanding stock options. These shares were withheld by Pure Cycle Corporation for payment of the exercise price, based on the market price of Pure Cycle Corporation's common stock at the time of the option exercise on July 14, 2023.

SEC remarks

Signed by Mark W. Harding pursuant to a power of attorney filed as Exhibit 24 to a Form4/A filed with the Commission on May 16, 2005.