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

Jan 4, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Global Water Resources, Inc. (GWRS)
CIK: 0001434728
Period of Report: 2020-12-30

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-30	Common Stock	M	4087	—	Acquired	102207	Direct
2020-12-30	Common Stock	D	4087	$15	Disposed	98120	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-30	Phantom Stock Unit	$	A	28	Acquired		Common Stock (28.0)	Direct
2020-12-30	Phantom Stock Unit	$	M	4087	Disposed		Common Stock (4087.0)	Direct

Footnotes

F1: Each phantom stock unit ("PSU") 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 December 30, 2020.

F3: The PSUs are fully vested upon grant and immediately exercisable. The PSUs do not have a set expiration date.

F4: The total includes prior grants of PSUs that have different vesting and expiration dates, as previously reported by the reporting person.

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