LEVINE WILLIAM S 4
4 · Global Water Resources, Inc. · Filed Mar 19, 2021
Insider Transaction Report
Form 4
LEVINE WILLIAM S
Director10% Owner
Transactions
- Award
Restricted Stock Units
2021-03-17+403→ 2,388 total→ Common Stock (403 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company").
- [F2]The RSUs are fully vested upon grant. In addition, the RSUs are only permitted to be redeemed upon the reporting person ceasing to be a director of the Company. Redemption requirements are detailed within the Omnibus plans incorporated by reference within our latest filed 10-K.
- [F3]Following the effective date of the 2020 Omnibus Incentive Plan, directors receive RSUs instead of DPUs. Accordingly, the reported numbers of RSUs and DPUs have been updated (and corrected from previous filings) to reflect the adoption of the 2020 Omnibus Incentive Plan.