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

Signature
/s/ William Yeung, Attorney-in-fact for Joshua Ballard
Issuer symbol
ERII
Transactions as of
26 Jul 2021
Net transactions value
$0
Form type
4
Filing time
29 Jul 2021, 16:04:42 UTC
Next filing
01 Feb 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 +6,356 $0.000000 6,356 26 Jul 2021 Common Stock 6,356 $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.