Rodney Clemente - Jan 28, 2022 Form 4 Insider Report for Energy Recovery, Inc. (ERII)

Role
SVP, Water
Signature
/s/ William Yeung, Attorney-in-Fact for Rodney Clemente
Stock symbol
ERII
Transactions as of
Jan 28, 2022
Transactions value $
$449,569
Form type
4
Date filed
2/1/2022, 04:20 PM
Previous filing
Jun 8, 2021
Next filing
Feb 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ERII Common Stock Award $0 +9.22K +22.66% $0.00 49.9K Jan 28, 2022 Direct F1

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 $450K +23.7K $18.99 23.7K Jan 28, 2022 Common Stock 23.7K $18.99 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This employee restricted stock unit was granted on the transaction date. 25% of the restricted stock unit will vests on the first four anniversaries of the grant date.
F2 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.