Reported relationships
Latest disclosed role at each company.
| Company | Last reported as | Report date | Published |
|---|---|---|---|
| Global Water Resources, Inc.GWRS · Entity 234 | CFO and Corporate Secretary | September 30, 2026 | October 02, 2026 |
Disclosed balances
About these balances
Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.
Global Water Resources, Inc.
Report date September 30, 2026 · Filed October 02, 2026
| Security / award | Ownership account | Disclosed shares / units | Disclosure context |
|---|---|---|---|
| Common StockSEC Table I · non-derivative | Direct | 89,065 |
Ending reported balance
After 2026-09-30 transaction · row 2
2 source rows · reconciled sequenceRow 1 · 2026-09-30 · Exercise / conversion · Acquired 2,881 · Balance 91,946 F1: Each restricted stock unit ("RSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). Row 2 · 2026-09-30 · Disposition to issuer · Disposed 2,881 · Balance 89,065 |
| Restricted Stock UnitsSEC Table II · derivative / convertible security | Direct | 18,014 |
Reported balance
After 2026-09-30 transaction · row 4
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 4 · 2026-09-30 · Grant · Acquired 57 · Balance 18,014 F1: Each restricted stock unit ("RSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). F3: The RSUs are exercisable at time of vesting and do not have a set expiration date. F4: The total includes prior grants that have different vesting and expiration dates, as previously reported by the reporting person. |
| Restricted Stock UnitsSEC Table II · derivative / convertible security | Direct | 15,133 |
Reported balance
After 2026-09-30 transaction · row 5
Instrument identity requires review; Table II rows are not merged.
1 source rowRow 5 · 2026-09-30 · Exercise / conversion · Disposed 2,881 · Balance 15,133 F1: Each restricted stock unit ("RSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). F3: The RSUs are exercisable at time of vesting and do not have a set expiration date. F4: The total includes prior grants that have different vesting and expiration dates, as previously reported by the reporting person. |
| Common StockSEC Table I · non-derivative | IndirectSpouse IRA | 7,000 |
Reported balance
Holding disclosure · report date 2026-09-30 · row 3
Holding and transaction disclosures are not merged.
1 source rowRow 3 · Balance 7,000 F2: Held by spouse's IRA. Reporting person disclaims beneficial ownership except to the extent of pecuniary interest therein. |
Filing footnotes · ownership attribution and instrument terms
F1: Each restricted stock unit ("RSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company").
F2: Held by spouse's IRA. Reporting person disclaims beneficial ownership except to the extent of pecuniary interest therein.
F3: The RSUs are exercisable at time of vesting and do not have a set expiration date.
F4: The total includes prior grants that have different vesting and expiration dates, as previously reported by the reporting person.
Transaction history
JSON APIPurchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”
The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.
| Transaction date | Company | Activity / security | Shares / units | Reported price | Reported value | Details |
|---|---|---|---|---|---|---|
| March 31, 2020 Filed Apr 2, 2020 00:37 UTC | Global Water Resources, Inc. GWRS · Entity 234 | Exercise / conversionCommon Stock | 2,633 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-20-000102 · wf-form4_158578781267930.xml · nonDerivative · entry 1 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 14,633 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). Read SEC document |
| March 10, 2020 Filed Mar 12, 2020 18:58 UTC | Global Water Resources, Inc. GWRS · Entity 234 | Exercise / conversionStock Appreciation Right · Derivative | 17,500 | $0.00 Strike: $5.13 | $0.00 |
DisclosureSEC source: 0001434728-20-000081 · wf-form4_158403949520378.xml · derivative · entry 3 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 17,500 Underlying: Common Stock · 17,500 shares Expires 2025-05-07 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · derivative.exercise_date: The reporting person was originally granted 120,000 shares of stock appreciation rights on May 8, 2015, which vest over sixteen quarters, vesting 20% per year for the first three years, with the remainder, 40% vesting in year four. Read SEC document |
| March 10, 2020 Filed Mar 12, 2020 18:58 UTC | Global Water Resources, Inc. GWRS · Entity 234 | Disposition to issuerCommon Stock | 17,500 | $12.20 | $213,500.00 |
DisclosureSEC source: 0001434728-20-000081 · wf-form4_158403949520378.xml · nonDerivative · entry 2 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 12,000 Read SEC document |
| March 10, 2020 Filed Mar 12, 2020 18:58 UTC | Global Water Resources, Inc. GWRS · Entity 234 | Exercise / conversionCommon Stock | 17,500 | $5.13 | $89,775.00 |
DisclosureSEC source: 0001434728-20-000081 · wf-form4_158403949520378.xml · nonDerivative · entry 1 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 29,500 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. Read SEC document |
| February 28, 2020 Filed Mar 3, 2020 00:06 UTC | Global Water Resources, Inc. GWRS · Entity 234 | GrantPhantom Stock Unit · Derivative | 23 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-20-000065 · wf-form4_158319398039335.xml · derivative · entry 1 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 11,568 Underlying: Common Stock · 23 shares Expires not disclosed F1 · derivative.exercise_price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). F2 · derivative.exercise_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F2 · derivative.expiration_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F3 · balance_after: The total includes prior grants of PSUs that have different vesting and expiration dates, as previously reported by the reporting person. Read SEC document |
| January 31, 2020 Filed Feb 3, 2020 23:03 UTC | Global Water Resources, Inc. GWRS · Entity 234 | GrantPhantom Stock Unit · Derivative | 22 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-20-000043 · wf-form4_158077099423937.xml · derivative · entry 1 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 11,545 Underlying: Common Stock · 22 shares Expires not disclosed F1 · derivative.exercise_price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). F2 · derivative.exercise_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F2 · derivative.expiration_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F3 · balance_after: The total includes prior grants of PSUs that have different vesting and expiration dates, as previously reported by the reporting person. Read SEC document |
| December 30, 2019 Filed Jan 2, 2020 22:19 UTC | Global Water Resources, Inc. GWRS · Entity 234 | Exercise / conversionPhantom Stock Unit · Derivative | 2,710 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-20-000014 · wf-form4_157800353439083.xml · derivative · entry 4 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 11,523 Underlying: Common Stock · 2,710 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · derivative.exercise_price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). F5 · derivative.exercise_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F5 · derivative.expiration_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F4 · balance_after: The total includes prior grants of PSUs that have different vesting and expiration dates, as previously reported by the reporting person. Read SEC document |
| December 30, 2019 Filed Jan 2, 2020 22:19 UTC | Global Water Resources, Inc. GWRS · Entity 234 | GrantPhantom Stock Unit · Derivative | 26 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-20-000014 · wf-form4_157800353439083.xml · derivative · entry 3 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 14,233 Underlying: Common Stock · 26 shares Expires not disclosed F1 · derivative.exercise_price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). F3 · derivative.exercise_date: The PSUs are fully vested upon grant and immediately exercisable. The PSUs do not have a set expiration date. F3 · derivative.expiration_date: The PSUs are fully vested upon grant and immediately exercisable. The PSUs do not have a set expiration date. F4 · balance_after: The total includes prior grants of PSUs that have different vesting and expiration dates, as previously reported by the reporting person. Read SEC document |
| December 30, 2019 Filed Jan 2, 2020 22:19 UTC | Global Water Resources, Inc. GWRS · Entity 234 | Disposition to issuerCommon Stock | 2,710 | $12.92 | $35,013.20 |
DisclosureSEC source: 0001434728-20-000014 · wf-form4_157800353439083.xml · nonDerivative · entry 2 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 12,000 F2 · price: 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, 2019. Read SEC document |
| December 30, 2019 Filed Jan 2, 2020 22:19 UTC | Global Water Resources, Inc. GWRS · Entity 234 | Exercise / conversionCommon Stock | 2,710 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-20-000014 · wf-form4_157800353439083.xml · nonDerivative · entry 1 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 14,710 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). Read SEC document |
| November 26, 2019 Filed Nov 29, 2019 15:48 UTC | Global Water Resources, Inc. GWRS · Entity 234 | GrantPhantom Stock Unit · Derivative | 26 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-19-000323 · wf-form4_157504250489030.xml · derivative · entry 1 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 14,207 Underlying: Common Stock · 26 shares Expires not disclosed F1 · derivative.exercise_price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). F2 · derivative.exercise_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F2 · derivative.expiration_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F3 · balance_after: The total includes prior grants of PSUs that have different vesting and expiration dates, as previously reported by the reporting person. Read SEC document |
| October 31, 2019 Filed Nov 1, 2019 23:23 UTC | Global Water Resources, Inc. GWRS · Entity 234 | GrantPhantom Stock Unit · Derivative | 28 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-19-000293 · wf-form4_157265058491485.xml · derivative · entry 1 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 14,181 Underlying: Common Stock · 28 shares Expires not disclosed F1 · derivative.exercise_price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). F2 · derivative.exercise_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F2 · derivative.expiration_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F3 · balance_after: The total includes prior grants of PSUs that have different vesting and expiration dates, as previously reported by the reporting person. Read SEC document |
| September 30, 2019 Filed Oct 1, 2019 23:34 UTC | Global Water Resources, Inc. GWRS · Entity 234 | Exercise / conversionPhantom Stock Unit · Derivative | 2,730 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-19-000273 · wf-form4_156997286975712.xml · derivative · entry 4 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 14,153 Underlying: Common Stock · 2,730 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · derivative.exercise_price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). F5 · derivative.exercise_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F5 · derivative.expiration_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F4 · balance_after: The total includes prior grants of PSUs that have different vesting and expiration dates, as previously reported by the reporting person. Read SEC document |
| September 30, 2019 Filed Oct 1, 2019 23:34 UTC | Global Water Resources, Inc. GWRS · Entity 234 | GrantPhantom Stock Unit · Derivative | 34 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-19-000273 · wf-form4_156997286975712.xml · derivative · entry 3 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 16,883 Underlying: Common Stock · 34 shares Expires not disclosed F1 · derivative.exercise_price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). F3 · derivative.exercise_date: The PSUs are fully vested upon grant and immediately exercisable. The PSUs do not have a set expiration date. F3 · derivative.expiration_date: The PSUs are fully vested upon grant and immediately exercisable. The PSUs do not have a set expiration date. F4 · balance_after: The total includes prior grants of PSUs that have different vesting and expiration dates, as previously reported by the reporting person. Read SEC document |
| September 30, 2019 Filed Oct 1, 2019 23:34 UTC | Global Water Resources, Inc. GWRS · Entity 234 | Disposition to issuerCommon Stock | 2,730 | $12.01 | $32,787.30 |
DisclosureSEC source: 0001434728-19-000273 · wf-form4_156997286975712.xml · nonDerivative · entry 2 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 12,000 F2 · price: 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 September 30, 2019. Read SEC document |
| September 30, 2019 Filed Oct 1, 2019 23:34 UTC | Global Water Resources, Inc. GWRS · Entity 234 | Exercise / conversionCommon Stock | 2,730 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-19-000273 · wf-form4_156997286975712.xml · nonDerivative · entry 1 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 14,730 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). Read SEC document |
| September 04, 2019 Filed Sep 5, 2019 19:09 UTC | Global Water Resources, Inc. GWRS · Entity 234 | Exercise / conversionStock Appreciation Right · Derivative | 15,000 | $0.00 Strike: $5.13 | $0.00 |
DisclosureSEC source: 0001434728-19-000255 · wf-form4_156771051412346.xml · derivative · entry 3 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 35,000 Underlying: Common Stock · 15,000 shares Expires 2025-05-07 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · derivative.exercise_date: The reporting person was originally granted 120,000 shares of stock appreciation rights on May 8, 2015, which vest over sixteen quarters, vesting 20% per year for the first three years, with the remainder, 40%, vesting in year four. Read SEC document |
| September 04, 2019 Filed Sep 5, 2019 19:09 UTC | Global Water Resources, Inc. GWRS · Entity 234 | Disposition to issuerCommon Stock | 15,000 | $11.91 | $178,650.00 |
DisclosureSEC source: 0001434728-19-000255 · wf-form4_156771051412346.xml · nonDerivative · entry 2 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 12,000 Read SEC document |
| September 04, 2019 Filed Sep 5, 2019 19:09 UTC | Global Water Resources, Inc. GWRS · Entity 234 | Exercise / conversionCommon Stock | 15,000 | $5.13 | $76,950.00 |
DisclosureSEC source: 0001434728-19-000255 · wf-form4_156771051412346.xml · nonDerivative · entry 1 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 27,000 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. Read SEC document |
| August 29, 2019 Filed Sep 3, 2019 20:26 UTC | Global Water Resources, Inc. GWRS · Entity 234 | GrantPhantom Stock Unit · Derivative | 34 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-19-000229 · wf-form4_156754236516399.xml · derivative · entry 1 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 16,849 Underlying: Common Stock · 34 shares Expires not disclosed F1 · derivative.exercise_price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). F2 · derivative.exercise_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F2 · derivative.expiration_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F3 · balance_after: The total includes prior grants of PSUs that have different vesting and expiration dates, as previously reported by the reporting person. Read SEC document |
| August 13, 2019 Filed Sep 3, 2019 20:49 UTC | Global Water Resources, Inc. GWRS · Entity 234 | GrantStock Option (Right to Buy) · Derivative | 25,000 | $0.00 Strike: $11.26 | $0.00 |
DisclosureSEC source: 0001434728-19-000247 · wf-form4_156754376957518.xml · derivative · entry 1 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 25,000 Underlying: Common Stock · 25,000 shares Expires 2029-08-13 F1 · derivative.exercise_date: The option vests in four equal annual installments on August 13, 2020, August 13, 2021, August 13, 2022, and August 13, 2023. Read SEC document |
| July 31, 2019 Filed Aug 2, 2019 21:27 UTC | Global Water Resources, Inc. GWRS · Entity 234 | GrantPhantom Stock Unit · Derivative | 32 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-19-000193 · wf-form4_156478122955189.xml · derivative · entry 1 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 16,815 Underlying: Common Stock · 32 shares Expires not disclosed F1 · derivative.exercise_price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). F2 · derivative.exercise_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F2 · derivative.expiration_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F3 · balance_after: The total includes prior grants of PSUs that have different vesting and expiration dates, as previously reported by the reporting person. Read SEC document |
| June 28, 2019 Filed Jul 2, 2019 18:47 UTC | Global Water Resources, Inc. GWRS · Entity 234 | Exercise / conversionPhantom Stock Unit · Derivative | 2,772 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-19-000173 · wf-form4_156209324551165.xml · derivative · entry 4 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 16,783 Underlying: Common Stock · 2,772 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · derivative.exercise_price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). F5 · derivative.exercise_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F5 · derivative.expiration_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F4 · balance_after: The total includes prior grants of PSUs that have different vesting and expiration dates, as previously reported by the reporting person. Read SEC document |
| June 28, 2019 Filed Jul 2, 2019 18:47 UTC | Global Water Resources, Inc. GWRS · Entity 234 | GrantPhantom Stock Unit · Derivative | 45 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-19-000173 · wf-form4_156209324551165.xml · derivative · entry 3 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 19,555 Underlying: Common Stock · 45 shares Expires not disclosed F1 · derivative.exercise_price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). F3 · derivative.exercise_date: The PSUs are fully vested upon grant and immediately exercisable. The PSUs do not have a set expiration date. F3 · derivative.expiration_date: The PSUs are fully vested upon grant and immediately exercisable. The PSUs do not have a set expiration date. F4 · balance_after: The total includes prior grants of PSUs that have different vesting and expiration dates, as previously reported by the reporting person. Read SEC document |
| June 28, 2019 Filed Jul 2, 2019 18:47 UTC | Global Water Resources, Inc. GWRS · Entity 234 | Disposition to issuerCommon Stock | 2,772 | $10.21 | $28,302.12 |
DisclosureSEC source: 0001434728-19-000173 · wf-form4_156209324551165.xml · nonDerivative · entry 2 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 12,000 F2 · price: 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 June 28, 2019. Read SEC document |
| June 28, 2019 Filed Jul 2, 2019 18:47 UTC | Global Water Resources, Inc. GWRS · Entity 234 | Exercise / conversionCommon Stock | 2,772 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-19-000173 · wf-form4_156209324551165.xml · nonDerivative · entry 1 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 14,772 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). Read SEC document |
| June 24, 2019 Filed Jun 25, 2019 18:02 UTC | Global Water Resources, Inc. GWRS · Entity 234 | Exercise / conversionStock Option (Right to Buy) · Derivative | 2,000 | $9.40 Strike: $9.40 | $18,800.00 |
DisclosureSEC source: 0001434728-19-000159 · wf-form4_156148576274198.xml · derivative · entry 2 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 98,000 Underlying: Common Stock · 2,000 shares Expires 2027-08-10 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · derivative.exercise_date: The option vests in four equal annual installments on August 10, 2018, August 10, 2019, August 10, 2020, and August 10, 2021. Read SEC document |
| June 24, 2019 Filed Jun 25, 2019 18:02 UTC | Global Water Resources, Inc. GWRS · Entity 234 | Exercise / conversionCommon Stock | 2,000 | $9.40 | $18,800.00 |
DisclosureSEC source: 0001434728-19-000159 · wf-form4_156148576274198.xml · nonDerivative · entry 1 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 12,000 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. Read SEC document |
| June 13, 2019 Filed Jun 13, 2019 23:20 UTC | Global Water Resources, Inc. GWRS · Entity 234 | Exercise / conversionStock Appreciation Right · Derivative | 35,000 | $0.00 Strike: $5.13 | $0.00 |
DisclosureSEC source: 0001434728-19-000155 · wf-form4_156046803694278.xml · derivative · entry 3 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 50,000 Underlying: Common Stock · 35,000 shares Expires 2025-05-07 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · security: The reporting person was originally granted 120,000 of the stock appreciation rights on May 8, 2015, which vest over sixteen quarters, vesting 20% per year for the first three years, with the remainder, 40%, vesting in year four. F1 · derivative.exercise_date: The reporting person was originally granted 120,000 of the stock appreciation rights on May 8, 2015, which vest over sixteen quarters, vesting 20% per year for the first three years, with the remainder, 40%, vesting in year four. Read SEC document |
| June 13, 2019 Filed Jun 13, 2019 23:20 UTC | Global Water Resources, Inc. GWRS · Entity 234 | Disposition to issuerCommon Stock | 35,000 | $10.27 | $359,450.00 |
DisclosureSEC source: 0001434728-19-000155 · wf-form4_156046803694278.xml · nonDerivative · entry 2 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 10,000 Read SEC document |
| June 13, 2019 Filed Jun 13, 2019 23:20 UTC | Global Water Resources, Inc. GWRS · Entity 234 | Exercise / conversionCommon Stock | 35,000 | $5.13 | $179,550.00 |
DisclosureSEC source: 0001434728-19-000155 · wf-form4_156046803694278.xml · nonDerivative · entry 1 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 45,000 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. Read SEC document |
| May 31, 2019 Filed Jun 3, 2019 22:59 UTC | Global Water Resources, Inc. GWRS · Entity 234 | GrantPhantom Stock Unit · Derivative | 49 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-19-000149 · wf-form4_155960275673517.xml · derivative · entry 1 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 19,510 Underlying: Common Stock · 49 shares Expires not disclosed F1 · derivative.exercise_price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). F2 · derivative.exercise_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F2 · derivative.expiration_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F3 · balance_after: The total includes prior grants of PSUs that have different vesting and expiration dates, as previously reported by the reporting person. Read SEC document |
| April 30, 2019 Filed May 2, 2019 20:52 UTC | Global Water Resources, Inc. GWRS · Entity 234 | GrantPhantom Stock Unit · Derivative | 48 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-19-000113 · wf-form4_155683034172395.xml · derivative · entry 1 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 19,461 Underlying: Common Stock · 48 shares Expires not disclosed F1 · derivative.exercise_price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). F2 · derivative.exercise_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F2 · derivative.expiration_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F3 · balance_after: The total includes prior grants of PSUs that have different vesting and expiration dates, as previously reported by the reporting person. Read SEC document |
| March 29, 2019 Filed Apr 2, 2019 23:19 UTC | Global Water Resources, Inc. GWRS · Entity 234 | Exercise / conversionPhantom Stock Unit · Derivative | 2,736 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-19-000087 · wf-form4_155424714176736.xml · derivative · entry 5 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 19,413 Underlying: Common Stock · 2,736 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · derivative.exercise_price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). F6 · derivative.exercise_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F6 · derivative.expiration_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F4 · balance_after: The total includes prior grants of PSUs that have different vesting and expiration dates, as previously reported by the reporting person. Read SEC document |
| March 29, 2019 Filed Apr 2, 2019 23:19 UTC | Global Water Resources, Inc. GWRS · Entity 234 | GrantPhantom Stock Unit · Derivative | 54 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-19-000087 · wf-form4_155424714176736.xml · derivative · entry 4 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 22,149 Underlying: Common Stock · 54 shares Expires not disclosed F1 · derivative.exercise_price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). F5 · derivative.exercise_date: The PSUs are fully vested upon grant and immediately exercisable. The PSUs do not have a set expiration date. F5 · derivative.expiration_date: The PSUs are fully vested upon grant and immediately exercisable. The PSUs do not have a set expiration date. F4 · balance_after: The total includes prior grants of PSUs that have different vesting and expiration dates, as previously reported by the reporting person. Read SEC document |
| March 29, 2019 Filed Apr 2, 2019 23:19 UTC | Global Water Resources, Inc. GWRS · Entity 234 | GrantPhantom Stock Unit · Derivative | 11,509 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-19-000087 · wf-form4_155424714176736.xml · derivative · entry 3 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 22,095 Underlying: Common Stock · 11,509 shares Expires not disclosed F1 · derivative.exercise_price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). F3 · derivative.exercise_date: The PSUs vest ratably over 12 quarters from the grant date. The PSUs do not have a set expiration date. F3 · derivative.expiration_date: The PSUs vest ratably over 12 quarters from the grant date. The PSUs do not have a set expiration date. F4 · balance_after: The total includes prior grants of PSUs that have different vesting and expiration dates, as previously reported by the reporting person. Read SEC document |
| March 29, 2019 Filed Apr 2, 2019 23:19 UTC | Global Water Resources, Inc. GWRS · Entity 234 | Disposition to issuerCommon Stock | 2,736 | $9.88 | $27,031.68 |
DisclosureSEC source: 0001434728-19-000087 · wf-form4_155424714176736.xml · nonDerivative · entry 2 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 10,000 F2 · price: The exercise price was determined by taking the weighted average closing share price of the Company's common stock for the five day period prior to March 29, 2019. Read SEC document |
| March 29, 2019 Filed Apr 2, 2019 23:19 UTC | Global Water Resources, Inc. GWRS · Entity 234 | Exercise / conversionCommon Stock | 2,736 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-19-000087 · wf-form4_155424714176736.xml · nonDerivative · entry 1 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 12,736 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). Read SEC document |
| February 28, 2019 Filed Mar 4, 2019 20:14 UTC | Global Water Resources, Inc. GWRS · Entity 234 | GrantPhantom Stock Unit · Derivative | 26 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-19-000041 · wf-form4_155173047391371.xml · derivative · entry 1 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 10,586 Underlying: Common Stock · 26 shares Expires not disclosed F1 · derivative.exercise_price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). F2 · derivative.exercise_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F2 · derivative.expiration_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F3 · balance_after: The total includes prior grants of PSUs that have different vesting and expiration dates, as previously reported by the reporting person. Read SEC document |
| January 31, 2019 Filed Feb 4, 2019 19:25 UTC | Global Water Resources, Inc. GWRS · Entity 234 | GrantPhantom Stock Unit · Derivative | 26 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-19-000022 · wf-form4_154930833537744.xml · derivative · entry 1 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 10,560 Underlying: Common Stock · 26 shares Expires not disclosed F1 · derivative.exercise_price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). F2 · derivative.exercise_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F2 · derivative.expiration_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F3 · balance_after: The total includes prior grants of PSUs that have different vesting and expiration dates, as previously reported by the reporting person. Read SEC document |
| December 28, 2018 Filed Jan 2, 2019 16:19 UTC | Global Water Resources, Inc. GWRS · Entity 234 | Exercise / conversionPhantom Stock Unit · Derivative | 2,868 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-19-000010 · wf-form4_154644597308816.xml · derivative · entry 4 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 10,534 Underlying: Common Stock · 2,868 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · derivative.exercise_price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). F5 · derivative.exercise_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F5 · derivative.expiration_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F4 · balance_after: The total includes prior grants of PSUs that have different vesting and expiration dates, as previously reported by the reporting person. Read SEC document |
| December 28, 2018 Filed Jan 2, 2019 16:19 UTC | Global Water Resources, Inc. GWRS · Entity 234 | GrantPhantom Stock Unit · Derivative | 31 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-19-000010 · wf-form4_154644597308816.xml · derivative · entry 3 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 13,402 Underlying: Common Stock · 31 shares Expires not disclosed F1 · derivative.exercise_price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). F3 · derivative.exercise_date: The PSUs are fully vested upon grant and immediately exercisable. The PSUs do not have a set expiration date. F3 · derivative.expiration_date: The PSUs are fully vested upon grant and immediately exercisable. The PSUs do not have a set expiration date. F4 · balance_after: The total includes prior grants of PSUs that have different vesting and expiration dates, as previously reported by the reporting person. Read SEC document |
| December 28, 2018 Filed Jan 2, 2019 16:19 UTC | Global Water Resources, Inc. GWRS · Entity 234 | Disposition to issuerCommon Stock | 2,868 | $10.13 | $29,052.84 |
DisclosureSEC source: 0001434728-19-000010 · wf-form4_154644597308816.xml · nonDerivative · entry 2 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 10,000 F2 · price: 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 28, 2018. Read SEC document |
| December 28, 2018 Filed Jan 2, 2019 16:19 UTC | Global Water Resources, Inc. GWRS · Entity 234 | Exercise / conversionCommon Stock | 2,868 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-19-000010 · wf-form4_154644597308816.xml · nonDerivative · entry 1 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 12,868 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). Read SEC document |
| November 30, 2018 Filed Dec 3, 2018 19:53 UTC | Global Water Resources, Inc. GWRS · Entity 234 | GrantPhantom Stock Unit · Derivative | 31 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-18-000254 · wf-form4_154386678828250.xml · derivative · entry 1 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 13,371 Underlying: Common Stock · 31 shares Expires not disclosed F1 · derivative.exercise_price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). F2 · derivative.exercise_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F2 · derivative.expiration_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F3 · balance_after: The total includes prior grants of PSUs that have different vesting and expiration dates, as previously reported by the reporting person. Read SEC document |
| October 30, 2018 Filed Nov 1, 2018 22:15 UTC | Global Water Resources, Inc. GWRS · Entity 234 | GrantPhantom Stock Unit · Derivative | 28 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-18-000229 · wf-form4_154111053584469.xml · derivative · entry 1 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 13,340 Underlying: Common Stock · 28 shares Expires not disclosed F1 · derivative.exercise_price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). F2 · derivative.exercise_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F2 · derivative.expiration_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F3 · balance_after: The total includes prior grants of PSUs that have different vesting and expiration dates, as previously reported by the reporting person. Read SEC document |
| September 28, 2018 Filed Oct 3, 2018 00:05 UTC Amendment | Global Water Resources, Inc. GWRS · Entity 234 | Exercise / conversionPhantom Stock Unit · Derivative | 2,893 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-18-000215 · wf-form4a_153852509106618.xml · derivative · entry 4 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 19,098 Underlying: Common Stock · 2,893 shares Expires not disclosed Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · derivative.exercise_price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). F5 · derivative.exercise_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F5 · derivative.expiration_date: The PSUs are exercisable at time of vesting and do not have a set expiration date. F4 · balance_after: The total includes prior grants of PSUs that have different vesting and expiration dates, as previously reported by the reporting person. Read SEC document |
| September 28, 2018 Filed Oct 3, 2018 00:05 UTC Amendment | Global Water Resources, Inc. GWRS · Entity 234 | GrantPhantom Stock Unit · Derivative | 36 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-18-000215 · wf-form4a_153852509106618.xml · derivative · entry 3 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 16,205 Underlying: Common Stock · 36 shares Expires not disclosed F1 · derivative.exercise_price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). F3 · derivative.exercise_date: The PSUs are fully vested upon grant and immediately exercisable. The PSUs do not have a set expiration date. F3 · derivative.expiration_date: The PSUs are fully vested upon grant and immediately exercisable. The PSUs do not have a set expiration date. F4 · balance_after: The total includes prior grants of PSUs that have different vesting and expiration dates, as previously reported by the reporting person. Read SEC document |
| September 28, 2018 Filed Oct 3, 2018 00:05 UTC Amendment | Global Water Resources, Inc. GWRS · Entity 234 | Disposition to issuerCommon Stock | 2,893 | $10.41 | $30,116.13 |
DisclosureSEC source: 0001434728-18-000215 · wf-form4a_153852509106618.xml · nonDerivative · entry 2 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 10,000 F2 · price: 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 September 28, 2018. Read SEC document |
| September 28, 2018 Filed Oct 3, 2018 00:05 UTC Amendment | Global Water Resources, Inc. GWRS · Entity 234 | Exercise / conversionCommon Stock | 2,893 | $0.00 | $0.00 |
DisclosureSEC source: 0001434728-18-000215 · wf-form4a_153852509106618.xml · nonDerivative · entry 1 Liebman Michael J · CIK 0001673041 · CFO and Corporate Secretary 10b5-1 filing: Not disclosed Ownership: Direct Disclosed balance after: 12,893 Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event. F1 · price: Each phantom stock unit ("PSU") is the economic equivalent of one share of common stock of Global Water Resources, Inc. ("the Company"). Read SEC document |
Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.