WILLIAM S. LEVINE - 12 May 2021 Form 4 Insider Report for Global Water Resources, Inc. (GWRS)

Role: Former Director, 10%+ Owner
Signature: /s/ Joanne Ellsworth, attorney-in-fact
Issuer symbol: GWRS
Transactions as of: 12 May 2021
Transactions value $: -$47,287
Form type: 4
Filing time: 14 May 2021, 21:25:36 UTC
Next filing: 14 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GWRS	Common Stock	Options Exercise	$0	+2,808	+5.6%	$0	52,808	12 May 2021	By self as Trustee for Levine Family Trust "A"
transaction	GWRS	Common Stock	Disposed to Issuer	-$47,286	-2,808	-5.3%	$16.84	50,000	12 May 2021	By self as Trustee for Levine Family Trust "A"

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	GWRS	Restricted Stock Units	Award	$0	+413	+17%	$0	2,808	12 May 2021	Common Stock	413		Direct	F1, F2
transaction	GWRS	Restricted Stock Units	Options Exercise	$0	-2,808	-100%	$0^*	0	14 May 2021	Common Stock	2,808		Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") is the economic equivalent of 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. Redemption requirements are detailed within the Omnibus plans incorporated by reference within our latest filed 10-K.
F3	The reporting person ceased to be a director of the Company effective May 6, 2021.