Water Asset Management LLC 4
4 · CADIZ INC · Filed Dec 12, 2018
Insider Transaction Report
Form 4
CADIZ INCCDZI
Water Asset Management LLC
10% Owner
Transactions
- Purchase
Common Stock, par value $0.01 ("Common Stock")
2018-12-10$9.88/sh+111,000$1,096,680→ 3,078,162 total(indirect: See footnote) - Sale
Common Stock
2018-12-10$9.84/sh−111,000$1,092,240→ 2,967,162 total(indirect: See footnote)
Footnotes (4)
- [F1]Rebalancing transactions in which the Accounts (as defined below) purchased and sold the Common Stock in equal amounts with no change in the aggregate number of such shares of Common Stock owned by the Accounts as a result of such transactions.
- [F2]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.76 to $10.00, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth herein.
- [F3]The securities reported herein are directly held by investment funds and/or managed accounts (the "Accounts") for which Water Asset Management, LLC, a New York limited liability company (the "Reporting Person"), serves as investment manager. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of its pecuniary interest therein.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.73 to $9.98, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.