Farshad Ghasripoor - 01 Feb 2022 Form 4 Insider Report for Energy Recovery, Inc. (ERII)

Role
Chief Technology Officer
Signature
/s/ William Yeung, Attorney-in-Fact for Farshad Ghasripoor
Issuer symbol
ERII
Transactions as of
01 Feb 2022
Net transactions value
-$122,211
Form type
4
Filing time
03 Feb 2022, 19:04:59 UTC
Previous filing
01 Feb 2022
Next filing
01 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ERII Common Stock Tax liability $70,934 -3,625 -5.4% $19.57 63,132 01 Feb 2022 Direct F1, F2
transaction ERII Common Stock Tax liability $51,276 -2,611 -4.1% $19.64 60,521 02 Feb 2022 Direct F1, F3
holding ERII Common Stock 5,230 01 Feb 2022 JT with 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 $19.72 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 $19.45 to $19.82 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.