5//SEC Filing
STODDARD RICHARD E 5
Accession 0000923876-09-000002
CIK 0000727273other
Filed
Feb 12, 7:00 PM ET
Accepted
Feb 13, 7:33 PM ET
Size
15.3 KB
Accession
0000923876-09-000002
Insider Transaction Report
Form 5
CADIZ INCCDZI
STODDARD RICHARD E
Other
Transactions
- Gift
Common Stock
2008-01-14−49,380→ 75,311 total - Gift
Common Stock
2008-04-29−40,000→ 35,311 total - Award
Restricted Stock Units
2007-07-25+100,000→ 100,000 total - Award
Employee Stock Options (right to buy)
2005-05-04+100,000→ 100,000 totalExercise: $12.00From: 2006-10-01Exp: 2015-05-04→ Common Stock (100,000 underlying) - Award
Performance Rights
2007-07-25+200,000→ 200,000 total→ Common Stock (200,000 underlying)
Footnotes (7)
- [F1]Includes 50,000 shares of common stock issued under the Company's 2007 Mangement Equity Incentive Plan upon the time-based vesting of previously disclosed Restricted Stock Units.
- [F2]Previously reported.
- [F3]Represents Time-Based Deferred Stock Grants under the Company's 2007 Management Equity Incentive Plan. Each restricted stock unit represents a contingent right to recive one share of the Company's common stock.
- [F4]Represents the date upon which the final condition to the effectiveness of the Company's 2007 Management Equity Incentive Plan was satisfied and the Plan became effective.
- [F5]As previously disclosed, such units vest in two equal annual installments beginning January 1, 2009, subject to the terms of the Company's 2007 Management Equity Incentive Plan.
- [F6]Represents Milestone-Based Deferred Stock Grants under the Company's 2007 Management Equity Incentive Plan. Each performance right represents a contingent right to receive one share of the Company's common stock. One-half of the performance rights shall be issuable only if the Trading Price of the Company's common stock is at least $28 per share for any ten trading days (whether or not consecutive) falling within any period of thirty consecutive trading days which, in turn, fall within a period of two years commencing March 13, 2007, and ending March 12, 2009 (the "Milestone Period"). The remaining one-half of the performance rights shall be issuable only if the Trading Price of the Company's common stock is at least $35 per share for any ten trading days (whether or not consecutive) falling within any period of thirty consecutive trading days which, in turn, fall within the Milestone Period.
- [F7](continuation of footnote 6) Any performance rights as to which the Trading Price Conditions set forth above are satisfied shall, subject to the terms of the Company's 2007 Management Equity Incentive Plan, vest and be issuable in four equal installments beginning January 1, 2008.
Documents
Issuer
CADIZ INC
CIK 0000727273
Entity typeother
Related Parties
1- filerCIK 0001238663
Filing Metadata
- Form type
- 5
- Filed
- Feb 12, 7:00 PM ET
- Accepted
- Feb 13, 7:33 PM ET
- Size
- 15.3 KB