Robert Yu Lang Mao - Jan 30, 2023 Form 4 Insider Report for Energy Recovery, Inc. (ERII)

Role
President and CEO, Director
Signature
/s/ William Yeung, Attorney-in-Fact for Robert Yu Lang Mao
Stock symbol
ERII
Transactions as of
Jan 30, 2023
Transactions value $
$299,997
Form type
4
Date filed
2/1/2023, 05:32 PM
Previous filing
Aug 11, 2022
Next filing
Jul 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ERII Common Stock Award $300K +14K +91.97% $21.41 29.2K Jan 30, 2023 Direct F1, F2
holding ERII Common Stock 64K Jan 30, 2023 Limited Purpose Trust
holding ERII Common Stock 32.2K Jan 30, 2023 The Robert and Iran Mao Rev Trust DTD 04-06-2006
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These employee restricted stock units were granted on the transaction date. 25% of the restricted stock units will vests on the first four anniversaries of the grant date.
F2 Each restricted stock unit represents the right to receive, at settlement, one (1) share of the Company's common stock.

Remarks:

Exhibit 24