4//SEC Filing
BRACKPOOL KEITH 4
Accession 0000923876-21-000004
CIK 0000727273other
Filed
Aug 16, 8:00 PM ET
Accepted
Aug 17, 1:40 PM ET
Size
8.0 KB
Accession
0000923876-21-000004
Insider Transaction Report
Form 4
CADIZ INCCDZI
BRACKPOOL KEITH
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2021-08-13+55,802→ 221,198 total - Exercise/Conversion
Restricted Stock Units
2021-08-13−85,000→ 170,000 total→ Common Stock (85,000 underlying)
Footnotes (4)
- [F1]Represents the vesting of 85,000 previously reported restricted stock units ("RSUs") and the concurrent issuance of a net of 55,802 shares of common stock as a consequence of such vesting, after giving effect to tax withholding as permitted under the approved terms applicable to the grant of the RSUs.
- [F2]Each previously reported RSU represents a contingent right to receive one share of Cadiz Inc. common stock.
- [F3]85,000 of these RSUs owned following the reported transaction 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.
- [F4]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
- Aug 16, 8:00 PM ET
- Accepted
- Aug 17, 1:40 PM ET
- Size
- 8.0 KB