PURE CYCLE CORP — Director's Dealing 2007

Dec 6, 2007

SEC Form 4/A — Form 4/A

Issuer: PURE CYCLE CORP (PCYO)
CIK: 0000276720
Period of Report: 2007-04-12

Reporting Person: Guido Richard L (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-04-12	Non-statutory stock option	$8.01	A	2500	Acquired	2017-04-12	Common Stock (2500)	Direct

Footnotes

F1: This amendment to a Form 4 filed with the Commission on April 16, 2007, is to correct the transaction date that was inadvertently reported as April 1, 2007 instead of April 12, 2007.

F2: Annual grant pursuant to the 2004 Incentive Plan approved by Pure Cycle's stockholders.