Robert Yu Lang Mao - Jan 28, 2022 Form 4 Insider Report for Energy Recovery, Inc. (ERII)

Role
President and CEO, Director
Signature
/s/ William Yeung, Attorney-in-Fact for Robert Yu Lang Mao
Stock symbol
ERII
Transactions as of
Jan 28, 2022
Transactions value $
$2,568,986
Form type
4
Date filed
2/1/2022, 04:19 PM
Previous filing
Oct 4, 2021
Next filing
Aug 11, 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 $2.57M +135K $18.99 135K Jan 28, 2022 Common Stock 135K $18.99 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.