CADIZ INC — Director's Dealing 2015

Jul 2, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CADIZ INC (CDZI)
CIK: 0000727273
Period of Report: 2015-06-30

Reporting Person: Grant Geoffrey T (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-06-30	Common Stock	A	2370	—	Acquired	126211	Direct
2015-07-01	Common Stock	A	850	—	Acquired	127061	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	30500	Indirect

Footnotes

F1: These shares were allocated to the Reporting Person under the 2014 Equity Incentive Plan in lieu of cash compensation for services rendered by the Reporting Person as a director of the Issuer for the 3-month period beginning July 1, 2015.

F2: Includes 2,370 shares allocated to the Reporting Person under the 2014 Equity Incentive Plan for services rendered by the Reporting Person as a director of the Issuer for the 12-month period ended June 30, 2015, which shares will vest on January 31, 2016.

F3: These shares are held in five separate trusts, each holing 6,100 shares for the benefit of a child of the Reporting Person. The trustee of these trusts is not a member of the Reporting Person's immediate family. The Reporting Person disclaims beneficial ownership for the securities held by these trusts.