Tedesco David C 4
4 · Global Water Resources, Inc. · Filed May 14, 2021
Insider Transaction Report
Form 4
Tedesco David C
Director
Transactions
- Exercise/Conversion
Common Stock
2021-05-14+51,579→ 101,579 total - Disposition to Issuer
Common Stock
2021-05-14$16.84/sh−51,579$868,590→ 50,000 total - Exercise/Conversion
Common Stock
2021-05-14+6,216→ 56,216 total - Disposition to Issuer
Common Stock
2021-05-14$16.84/sh−6,216$104,677→ 50,000 total - Exercise/Conversion
Deferred Phantom Unit
2021-05-14−51,579→ 0 total→ Common Stock (51,579 underlying) - Award
Restricted Stock Units
2021-05-12+728→ 6,216 total→ Common Stock (728 underlying) - Exercise/Conversion
Restricted Stock Units
2021-05-14−6,216→ 0 total→ Common Stock (6,216 underlying)
Footnotes (5)
- [F1]Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company").
- [F2]The reporting person ceased to be a director of the Company effective May 6, 2021.
- [F3]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 and do not have a set expiration date.
- [F4]Each restricted stock unit ("RSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company").
- [F5]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 withinthe Omnibus plans incorporated by reference within our latest filed 10-K.