Joshua Ballard - Jul 26, 2021 Form 4 Insider Report for Energy Recovery, Inc. (ERII)

Signature
/s/ William Yeung, Attorney-in-fact for Joshua Ballard
Stock symbol
ERII
Transactions as of
Jul 26, 2021
Transactions value $
$0
Form type
4
Date filed
7/29/2021, 04:04 PM
Next filing
Feb 1, 2022

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 ERII Employee Stock Option (Right to Buy) Award $0 +6.36K $0.00 6.36K Jul 26, 2021 Common Stock 6.36K $20.86 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This employee stock option was granted on the transaction date. 25% of the options will vest on the 1st anniversary of the grant date; thereafter, the remaining 75% vest 1/36th per month.