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

Mar 20, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Global Water Resources, Inc. (GWRS)
CIK: 0001434728
Period of Report: 2021-03-17

Reporting Person: Rousseau David (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-17	Restricted Stock Units	$	A	469	Acquired		Common Stock (469.0)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Deferred Phantom Unit	$		Common Stock (698.0)	698	Direct

Footnotes

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

F2: The RSUs are fully vested upon grant. In addition, the RSUs are only permitted to be redeemed upon the reporting person ceasing to be a director of the Company. Reference is made to the Global Water Resources, Inc. 2020 Omnibus Incentive Plan incorporated by reference in our latest Form 10-K.

F3: Following the effective date of the 2020 Omnibus Incentive Plan, directors receive RSUs instead of DPUs. Accordingly, the reported numbers of RSUs and DPUs have been updated (and corrected from previous filings) to reflect the adoption of the 2020 Omnibus Incentive Plan.

F4: Each deferred phantom unit ("DPU") is the economic equivalent to one share of common stock of Global Water Resources, Inc. ("the Company").

F5: The DPUs are fully vested upon grant. In addition, the DPUs are only permitted to be redeemed upon the reporting person ceasing to be a director of the Company. Reference is made to the Global Water Resources, Inc. Deferred Phantom Stock Unit Plan and amendments thereto incorporated by reference in our latest Form 10-K.