Sherif Foda - 14 Sep 2022 Form 4 Insider Report for Energy Recovery, Inc. (ERII)

Role
Director
Signature
/s/ William Yeung, Attorney-in-fact for Sherif Foda
Issuer symbol
ERII
Transactions as of
14 Sep 2022
Net transactions value
-$404,914
Form type
4
Filing time
16 Sep 2022, 16:19:44 UTC
Previous filing
13 Jun 2022
Next filing
12 Jun 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 Options Exercise $134,733 +15,879 +165% $8.48 25,498 14 Sep 2022 Direct
transaction ERII Common Stock Sale $404,914 -15,879 -62% $25.50 9,619 14 Sep 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 $134,733 -15,879 -100% $8.48 0 14 Sep 2022 Common Stock 15,879 $8.48 Direct F2
* 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 $25.50 to $25.51 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 This stock option was granted on June 14, 2018. All the options are fully vested and exercisable on June 13, 2019.

Remarks:

Exhibit 24