PURE CYCLE CORP — Director's Dealing 2005

Jun 10, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PURE CYCLE CORP (PCYO)
CIK: 0000276720
Period of Report: 2005-06-08

Reporting Person: CLARK THOMAS P (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-06-08	Common stock	S	50000	$7.55	Disposed	169500	Direct
2005-06-08	Common stock	S	0	—	Disposed	2049705	Indirect

Footnotes

F1: These shares are owned by TPC Ventures, LLC. For more information please see Exhibit 99.1 to Form 4 filed with the Commission on May 13, 2005. The direct and indirect beneficial ownership of TPC Ventures, LLC, Ryan T. Clark, and the Thomas P. Clark Annuity Trust u/a/d April 29, 2005, have not changed since the Form 4 filed with the Commission on May 13, 2005.