Jason Thuneman - Jun 20, 2023 Form 4 Insider Report for Global Water Resources, Inc. (GWRS)

Role
Vice President
Signature
/s/ Shelley Kitts, attorney-in-fact
Stock symbol
GWRS
Transactions as of
Jun 20, 2023
Transactions value $
-$186,747
Form type
4
Date filed
6/22/2023, 08:08 PM
Previous filing
Jun 2, 2023
Next filing
Jun 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GWRS Common Stock Options Exercise $169K +15K +63.73% $11.26 38.5K Jun 20, 2023 Direct
transaction GWRS Common Stock Tax liability -$169K -13.6K -35.2% $12.45 25K Jun 20, 2023 Direct

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 Stock Option (Right to Buy) Disposed to Issuer -$187K -15K -75% $12.45 5K Jun 20, 2023 Common Stock 15K $11.26 Direct F1
transaction GWRS Stock Option (Right to Buy) Disposed to Issuer $0 -5K -100% $0.00* 0 Jun 20, 2023 Common Stock 5K $11.26 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was originally granted 20,000 stock options on August 13, 2019. The option vests in four equal annual installments on August 13, 2020, August 13, 2021, August 13, 2022, and August 13, 2023.
F2 Represents the forfeiture of incentive stock options granted to the reporting person on August 13, 2019 that were eligible to vest on August 13, 2023.