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CADIZ INC Director's Dealing 2009

Jul 1, 2009

33061_dirs_2009-07-01_e3290eee-4959-4233-b424-190f7ed599ee.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CADIZ INC (CDZI)
CIK: 0000727273
Period of Report: 2009-06-01

Reporting Person: SHAHEEN TIMOTHY J (Director, Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-06-01 Common Stock G 2000 Disposed 38906 Direct
2009-06-01 Common Stock G 2000 Acquired 2000 Indirect
2009-06-01 Common Stock G 2000 Disposed 36906 Direct
2009-06-01 Common Stock G 2000 Acquired 2000 Indirect
2009-06-30 Common Stock A 942 Acquired 37848 Direct

Footnotes

F1: 2,000 shares were gifted by the Reporting Person to a trust for the benefit of the Reporting Person's daughter. The Reporting Person is custodian of this trust. The Reporting Person disclaims beneficial ownership of these securities.

F2: 2,000 shares were gifted by the Reporting Person to a trust for the benefit of the Reporting Person's son. The Reporting Person is custodian of this trust. The Reporting Person disclaims beneficial ownership of these securities.

F3: Includes 942 shares allocated to the Reporting Person under the Outside Director Compensation Plan for services rendered by the Reporting Person as a director of the Issuer during the 12 month period ended June 30, 2009, which shares will vest on January 31, 2010.