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

Apr 3, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Global Water Resources, Inc. (GWRS)
CIK: 0001434728
Period of Report: 2021-03-31

Reporting Person: Lenderking John Carroll (SVP, Water Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-31	Common Stock	M	99	—	Acquired	99	Direct
2021-03-31	Common Stock	D	99	$16.67	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-31	Restricted Stock Units	$	A	1164	Acquired		Common Stock (1162.0)	Direct
2021-03-31	Restricted Stock Units	$	A	2	Acquired		Common Stock (2.0)	Direct
2021-03-31	Restricted Stock Units	$	M	99	Disposed		Common Stock (99.0)	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: 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 March 31, 2021.

F3: The RSUs vest ratably over 12 quarters from the grant date. The RSUs do not have a set expiration date.

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

F5: The RSUs are exercisable at time of vesting and do not have a set expiration date.