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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
276720	Pure Cycle Corp	PCYO	Water Supply (4941)	840705083

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
940763	W Mark Harding	C/O Pure Cycle Corporation 34501 East Quincy Ave., Bldg. 34 Watkins CO 80137	President And Chief Financial	No	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Disposition	2020-03-02	8,163	$12.38	509,080	No	4	S	Direct
Common Stock	Disposition	2020-03-03	6,830	$12.37	502,250	No	4	S	Direct
Common Stock	Disposition	2020-03-04	7,949	$12.51	494,301	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	210,000	Indirect	By SMA Investments, LLLP

Footnotes

The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 23, 2020.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.30 to $12.52. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.30 to $12.55. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.30 to $12.78. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares sold at each separate price within the ranges set forth above.
SMA Investments, LLLP, a limited liability limited partnership controlled by Mr. Harding.