Alexander J. Buehler - Jun 3, 2022 Form 4 Insider Report for Energy Recovery, Inc. (ERII)

Role
Director
Signature
/s/ William Yeung, Attorney-in-Fact for Alexander J. Buehler
Stock symbol
ERII
Transactions as of
Jun 3, 2022
Transactions value $
-$1,067,225
Form type
4
Date filed
6/6/2022, 06:09 PM
Previous filing
May 19, 2022
Next filing
Jun 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ERII Common Stock Options Exercise $58.1K +16.4K +111.05% $3.53 31.3K Jun 3, 2022 Direct
transaction ERII Common Stock Options Exercise $98K +33.6K +107.33% $2.92* 64.8K Jun 3, 2022 Direct
transaction ERII Common Stock Sale -$1.07M -50K -77.15% $21.34 14.8K Jun 3, 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 Stock Option (Right to Buy) Options Exercise -$58.1K -16.4K -100% $3.53 0 Jun 3, 2022 Common Stock 16.4K $3.53 Direct F2
transaction ERII Stock Option (Right to Buy) Options Exercise -$98K -33.6K -62.84% $2.92* 19.8K Jun 3, 2022 Common Stock 33.6K $2.92 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This figure is the weighted average sales price of multiple trades ranging from $21.270 to $21.485 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.
F2 The shares were fully vested on June 20, 2015.
F3 The shares were fully vested on June 17, 2016.

Remarks:

Exhibit 24