HARDING MARK W 4
4 · PURE CYCLE CORP · Filed Aug 7, 2023
Insider Transaction Report
Form 4
PURE CYCLE CORPPCYO
HARDING MARK W
DirectorCHIEF EXECUTIVE OFFICER
Transactions
- Exercise/Conversion
Common Stock
2023-08-03$5.88/sh+100,000$588,000→ 587,243 total - Tax Payment
Common Stock
2023-08-03$12.47/sh−47,154$588,010→ 540,089 total - Sale
Common Stock
2023-08-03$12.52/sh−6,445$80,662→ 533,644 total - Sale
Common Stock
2023-08-04$12.42/sh−4,688$58,223→ 528,956 total - Sale
Common Stock
2023-08-07$12.23/sh−8,867$108,479→ 520,089 total - Exercise/Conversion
Option (Right to Buy)
2023-08-03+100,000→ 0 totalExercise: $5.88From: 2017-08-14Exp: 2023-08-14→ Common Stock (100,000 underlying)
Footnotes (2)
- [F1]Represents a "net exercise" of outstanding stock options. These shares were withheld by Pure Cycle Corporation for payment of the exercise price, based on the market price of Pure Cycle Corporation's common stock at the time of the option exercise on August 3, 2023.
- [F2]Represents the average sales price of common stock to cover filer's tax and cost implications of the exercise of Options that would expire on 8/14/2023. Details on each individual sale can be provided to the Commission upon request.