HOWELL PETER C exercised options at PURE CYCLE CORP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 3 exercises

HOWELL PETER C

Filed: 7/19/2023ACC: 0001415889-23-011352

InsiderHOWELL PETER CCIK 1210427

→

IssuerPURE CYCLE CORPCIK 276720

Director

Since Dec 2018

-8.47K

Net shares

Net seller

$94.9K

Total sold

Open market trades

0B · 0S

Total transactions

19.50K acquired · 27.97K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+6.50K

Price / share

$6.08

Trade value

$39.52K

% of position

26.3%

7/14/2023

24.72K→31.22K

Common Stock

Direct

F · Tax Withholding

−3.53K

Price / share

$11.20

Trade value

$39.52K

% of position

11.3%

7/14/2023

31.22K→27.70K

Common Stock

Direct

M · Option Exercise

+6.50K

Price / share

$4.17

Trade value

$27.11K

% of position

23.5%

7/14/2023

27.70K→34.20K

Common Stock

Direct

F · Tax Withholding

−2.42K

Price / share

$11.20

Trade value

$27.12K

% of position

7.1%

7/14/2023

34.20K→31.77K

Common Stock

Direct

M · Option Exercise

+6.50K

Price / share

$4.34

Trade value

$28.21K

% of position

20.5%

7/14/2023

31.77K→38.27K

Common Stock

Direct

F · Tax Withholding

−2.52K

Price / share

$11.20

Trade value

$28.21K

% of position

6.6%

7/14/2023

38.27K→35.76K

Total

Net shares

+11.03K

Net value

-$17.80

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	7/14/2023	M · Option Exercise	+6.50K	$6.08	$39.52K	26.3%	24.72K	31.22K
Common Stock Direct	7/14/2023	F · Tax Withholding	−3.53K	$11.20	$39.52K	11.3%	31.22K	27.70K
Common Stock Direct	7/14/2023	M · Option Exercise	+6.50K	$4.17	$27.11K	23.5%	27.70K	34.20K
Common Stock Direct	7/14/2023	F · Tax Withholding	−2.42K	$11.20	$27.12K	7.1%	34.20K	31.77K
Common Stock Direct	7/14/2023	M · Option Exercise	+6.50K	$4.34	$28.21K	20.5%	31.77K	38.27K
Common Stock Direct	7/14/2023	F · Tax Withholding	−2.52K	$11.20	$28.21K	6.6%	38.27K	35.76K
Total			+11.03K		-$17.80

Derivative Transactions3

Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

6.50K shares

−6.50K

Strike price

6.08

Held after

0.00

Exercisable

—

7/14/2023

Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

6.50K shares

−6.50K

Strike price

4.17

Held after

0.00

Exercisable

—

7/14/2023

Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

6.50K shares

−6.50K

Strike price

4.34

Held after

0.00

Exercisable

—

7/14/2023

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable
Option (Right to Buy) Direct	Common Stock6.50K shares	7/14/2023	M · Option Exercise	−6.50K	6.08	—
Option (Right to Buy) Direct	Common Stock6.50K shares	7/14/2023	M · Option Exercise	−6.50K	4.17	—
Option (Right to Buy) Direct	Common Stock6.50K shares	7/14/2023	M · Option Exercise	−6.50K	4.34	—