William S. Levine - May 12, 2021 Form 4 Insider Report for Global Water Resources, Inc. (GWRS)

Role
Former Director, 10%+ Owner
Signature
/s/ Joanne Ellsworth, attorney-in-fact
Stock symbol
GWRS
Transactions as of
May 12, 2021
Transactions value $
-$47,287
Form type
4
Date filed
5/14/2021, 09:25 PM
Next filing
Mar 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GWRS Common Stock Options Exercise $0 +2.81K +5.62% $0.00 52.8K May 12, 2021 By self as Trustee for Levine Family Trust "A"
transaction GWRS Common Stock Disposed to Issuer -$47.3K -2.81K -5.32% $16.84 50K May 12, 2021 By self as Trustee for Levine Family Trust "A"

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GWRS Restricted Stock Units Award $0 +413 +17.24% $0.00 2.81K May 12, 2021 Common Stock 413 Direct F1, F2
transaction GWRS Restricted Stock Units Options Exercise $0 -2.81K -100% $0.00* 0 May 14, 2021 Common Stock 2.81K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 The reporting person ceased to be a director of the Company effective May 6, 2021.