Tedesco David C 4
4 · Global Water Resources, Inc. · Filed Nov 12, 2020
Insider Transaction Report
Form 4
Tedesco David C
Director
Transactions
- Award
Deferred Phantom Unit
2020-11-11+1,190→ 55,787 total→ Common Stock (1,190 underlying)
Footnotes (2)
- [F1]Each deferred phantom unit ("DPU") is the economic equivalent to one share of common stock of Global Water Resources, Inc. ("the Company").
- [F2]The DPUs are fully vested upon grant. In addition, the DPUs are only permitted to be redeemed upon the reporting person ceasing to be a director of the Company. Redemption requirements are detailed within the DPU plans which are incorporated by reference within our latest filed 10-K.