Global Water Resources, Inc. — Director's Dealing 2016

Dec 21, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Global Water Resources, Inc. (GWRS)
CIK: 0001434728
Period of Report: 2016-12-19

Reporting Person: Liebman Michael J (CFO and Corporate Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-12-19	Common Stock	M	24500	$2.69	Acquired	31700	Direct
2016-12-19	Common Stock	D	24500	$8.99	Disposed	7200	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-12-19	Stock Appreciation Right	$2.69	M	24500	Disposed	2023-11-13	Common Stock (24500)	Direct

Footnotes

F1: The reporting person was originally granted 100,000 of the stock appreciation rights on November 14, 2013, which vest ratably over 16 quarters from the grant date.