4//SEC Filing
BRACKPOOL KEITH 4
Accession 0000923876-21-000001
CIK 0000727273other
Filed
Apr 27, 8:00 PM ET
Accepted
Apr 28, 7:50 PM ET
Size
6.8 KB
Accession
0000923876-21-000001
Insider Transaction Report
Form 4
CADIZ INCCDZI
BRACKPOOL KEITH
DirectorChief Executive Officer
Transactions
- Award
Restricted Stock Units
2021-04-26+255,000→ 255,000 total→ Common Stock (255,000 underlying)
Holdings
- 165,387
Common Stock
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Cadiz Inc. common stock.
- [F2]85,000 of these RSUs will vest upon obtaining a new senior secured loan in an amount sufficient to repay the Company's senior secured debt as well as obtaining funding to complete the purchase of the northern pipeline; 85,000 of these RSUs will vest upon the Company's entering into final binding water supply agreements for delivery of at least 9,500 acre-feet per year; and, 85,000 of these RSUs will vest on March 1, 2023, subject to the Reporting Person's continuing employment as of such vesting date.
- [F3]The Reporting Person disclaims beneficial ownership of these securities until such time, and to the extent, that ownership of these securities has vested.
Documents
Issuer
CADIZ INC
CIK 0000727273
Entity typeother
Related Parties
1- filerCIK 0000923876
Filing Metadata
- Form type
- 4
- Filed
- Apr 27, 8:00 PM ET
- Accepted
- Apr 28, 7:50 PM ET
- Size
- 6.8 KB