4//SEC Filing
Slater Scott S 4
Accession 0001519037-23-000001
CIK 0000727273other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 3:08 PM ET
Size
7.9 KB
Accession
0001519037-23-000001
Insider Transaction Report
Form 4
CADIZ INCCDZI
Slater Scott S
President
Transactions
- Exercise/Conversion
Common Stock
2023-03-01+40,247→ 109,881 total - Exercise/Conversion
Restricted Stock Units
2023-03-01−85,000→ 85,000 total→ Common Stock (85,000 underlying)
Footnotes (4)
- [F1]Represents the vesting of 85,000 previously reported restricted stock units ("RSUs") and the concurrent issuance of a net of 40,247 shares of common stock as a consequence of such vesting, after giving effect to tax withholding as permitted under the approved terms applicable to the grant of the RSUs.
- [F2]Each previously reported RSU represents a contingent right to receive one share of Cadiz Inc. common stock.
- [F3]85,000 of these RSUs owned following the reported transaction will vest upon the Company's entering into final binding water supply agreements for delivery of at least 9,500 acre-feet per year, subject to the Reporting Person's continuing employment as of such vesting date.
- [F4]The Reporting Person disclaims beneficial ownership of these securities until such time, and to the extent, that ownership of these securities has vested.
Documents
Issuer
CADIZ INC
CIK 0000727273
Entity typeother
Related Parties
1- filerCIK 0001519037
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 3:08 PM ET
- Size
- 7.9 KB