Global Water Resources, Inc. — Director's Dealing 2021

Oct 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Global Water Resources, Inc. (GWRS)
CIK: 0001434728
Period of Report: 2021-09-30

Reporting Person: Fleming Ronnie L (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-09-30	Common Stock	M	1190	—	Acquired	96976	Direct
2021-09-30	Common Stock	M	2374	—	Acquired	99350	Direct
2021-09-30	Common Stock	D	3564	$18.69	Disposed	95786	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-09-30	Restricted Stock Units	$	A	25	Acquired		Common Stock (25.0)	Direct
2021-09-30	Restricted Stock Units	$	M	1190	Disposed		Common Stock (1190.0)	Direct
2021-09-30	Phantom Stock Unit	$	M	2374	Disposed		Common Stock (2374.0)	Direct

Footnotes

F1: Each restricted stock unit ("RSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company").

F2: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company").

F3: The exercise price was determined by taking the weighted average closing share price of the Company's common stock of the five day period prior to September 30, 2021.

F4: The RSUs are fully vested upon grant and immediately exercisable. The RSUs do not have a set expiration date.

F5: The total includes prior grants that have different vesting and expiration dates, as previously reported by the reporting person.

F6: The RSUs are exercisable at time of vesting and do not have a set expiration date.

F7: The PSUs are exercisable at time of vesting and do not have a set expiration date.