CADIZ INC — Director's Dealing 2018

Feb 8, 2018

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: CADIZ INC (CDZI)
CIK: 0000727273
Period of Report: 2017-12-31

Reporting Person: BRACKPOOL KEITH (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-06-07	Common Stock	M	100000	—	Acquired	285000	Direct
2017-09-14	Common Stock	G	35000	—	Disposed	250000	Direct
2017-10-11	Common Stock	G	40000	—	Disposed	210000	Direct
2017-11-24	Common Stock	G	40000	—	Disposed	170000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-06-07	Restricted Stock Units	$	M	100000	Disposed		Common Stock (100000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Options (right to buy)	$11.5	2020-01-14	Common Stock (200000)	200000	Direct

Footnotes

F1: Represents vesting of 100,000 previously reported restricted stock units ("RSUs").

F2: Previously reported.

F3: Each previously reported RSU represented a contingent right to receive one share of Cadiz Inc. common stock, which right vested June 7, 2017.