0001191901-17-000001.txt : 20170106
0001191901-17-000001.hdr.sgml : 20170106
20170106181511
ACCESSION NUMBER: 0001191901-17-000001
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160510
FILED AS OF DATE: 20170106
DATE AS OF CHANGE: 20170106
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CADIZ INC
CENTRAL INDEX KEY: 0000727273
STANDARD INDUSTRIAL CLASSIFICATION: WATER SUPPLY [4941]
IRS NUMBER: 770313235
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 550 SOUTH HOPE STREET
STREET 2: SUITE 2850
CITY: LOS ANGELES
STATE: CA
ZIP: 90071
BUSINESS PHONE: 213-271-1600
MAIL ADDRESS:
STREET 1: 550 SOUTH HOPE STREET
STREET 2: SUITE 2850
CITY: LOS ANGELES
STATE: CA
ZIP: 90071
FORMER COMPANY:
FORMER CONFORMED NAME: CADIZ LAND CO INC
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: PACIFIC AGRICULTURAL HOLDINGS INC
DATE OF NAME CHANGE: 19920602
FORMER COMPANY:
FORMER CONFORMED NAME: ARIDTECH INC
DATE OF NAME CHANGE: 19880523
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SHAHEEN TIMOTHY J
CENTRAL INDEX KEY: 0001191901
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-12114
FILM NUMBER: 17515404
MAIL ADDRESS:
STREET 1: 550 SOUTH HOPE STREET
STREET 2: STE 2850
CITY: LOS ANGELES
STATE: CA
ZIP: 90071
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0306
4
2016-05-10
0
0000727273
CADIZ INC
CDZI
0001191901
SHAHEEN TIMOTHY J
550 SOUTH HOPE STREET
STE 2850
LOS ANGELES
CA
90071
1
1
0
0
CFO
Common Stock
2016-05-10
5
G
0
E
5000
0
D
147500
D
Common Stock
2016-08-10
5
G
0
E
2000
0
D
145500
D
Common Stock
2017-01-05
4
S
0
32000
12.7
D
113500
D
Employee Stock Option (right to buy)
11.5
2012-01-14
2020-01-14
Common Stock
100000
100000
D
Restricted Stock Units
Common Stock
100000
100000
D
Pursuant to a sales plan established in accordance with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended (the "Plan"), and in accordance with that certain Lockup Agreement, dated December 1, 2016, delivered by Mr. Shaheen to B. Riley & Co. LLC, 32,000 shares of the Company's common stock (the "Shares") were sold for the account of Mr. Shaheen for the purpose of meeting Mr. Shaheen's tax obligations arising from certain equity awards granted by the Company to Mr. Shaheen. The Shares represent the full amount authorized for sale under the Plan.
Previously recorded.
Each restricted stock unit ("RSU") represents a contingent right to receive one share of Cadiz Inc. common stock.
The 100,000 RSUs will vest once construction financing necessary for the implementation of the Cadiz Valley Water Conservation, Recovery and Storage Project, as defined in the approved Final Environmental Impact Report, is secured. These RSUs were granted on July 1, 2014, and will expire on June 10, 2017, if the milestone has not been achieved by such date.
Timothy J. Shaheen
2017-01-06