| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ERII | Common Stock | Options Exercise | $93,591 | +17,236 | +1.9% | $5.43* | 901,588 | 16 Nov 2022 | Direct | |
| transaction | ERII | Common Stock | Sale | $360,808 | -17,236 | -1.9% | $20.93 | 884,352 | 16 Nov 2022 | Direct | F1 |
| holding | ERII | Common Stock | 120,000 | 16 Nov 2022 | Children | F2 |
| 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 | $93,591 | -17,236 | -100% | $5.43* | 0 | 16 Nov 2022 | Common Stock | 17,236 | $5.43 | Direct | F3 |
| Id | Content |
|---|---|
| F1 | This figure is the weighted average sales price of multiple trades ranging from $20.80 to $21.06 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 Issuer's common shares reported on this Form 4 as beneficially owned by Mr. Hanstveit include 120,000 common shares that were previously transferred to two trusts for the benefit of his children. Mr. Hanstveit serves as co-trustee of each of these trusts. |
| F3 | The shares are fully vested and exercisable. |
Exhibit 24