BRACKPOOL KEITH 4
4 · CADIZ INC · Filed Dec 16, 2021
Insider Transaction Report
Form 4
CADIZ INCCDZI
BRACKPOOL KEITH
DirectorChief Executive Officer
Transactions
- Purchase
Common Stock
2021-12-15$3.78/sh+30,000$113,400→ 376,198 total
Holdings
- 170,000
Restricted Stock Unit
→ Common Stock (170,000 underlying)
Footnotes (3)
- [F1]Each previously reported 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 the Company's entering into final binding water supply arrangement 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.