William Yeung - Feb 1, 2022 Form 4 Insider Report for Energy Recovery, Inc. (ERII)

Role
Chief Legal Officer
Signature
/s/ William Yeung
Stock symbol
ERII
Transactions as of
Feb 1, 2022
Transactions value $
-$109,333
Form type
4
Date filed
2/3/2022, 07:04 PM
Previous filing
Feb 1, 2022
Next filing
Mar 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ERII Common Stock Tax liability -$61.3K -3.13K -4.31% $19.57 69.6K Feb 1, 2022 Direct F1, F2
transaction ERII Common Stock Tax liability -$48K -2.45K -3.51% $19.65 67.2K Feb 2, 2022 Direct F1, F3
holding ERII Common Stock 8.07K Feb 1, 2022 Spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Payment of tax obligation by selling securities incident to the vesting of securities in accordance with Rule 16b-3(e).
F2 Represents the weighted average stock price of the shares sold to cover tax obligation for restricted stock unit award vesting. The weighted average sales price includes multiple trades ranging from $19.19 to $19.74 per share. The Reporting Person undertakes to provide the SEC Staff, Energy Recovery, Inc. or a shareholder of Energy Recovery, Inc. full information about the number of shares sold at each separate price upon request.
F3 Represents the weighted average stock price of the shares sold to cover tax obligation for restricted stock unit award vesting. The weighted average sales price includes multiple trades ranging from $19.46 to $19.79 per share. The Reporting Person undertakes to provide the SEC Staff, Energy Recovery, Inc. or a shareholder of Energy Recovery, Inc. full information about the number of shares sold at each separate price upon request.