Farshad Ghasripoor - 03 Feb 2023 Form 4 Insider Report for Energy Recovery, Inc. (ERII)

Signature
/s/ William Yeung, Attorney-in-Fact for Farshad Ghasripoor
Issuer symbol
ERII
Transactions as of
03 Feb 2023
Net transactions value
-$22,458
Form type
4
Filing time
07 Feb 2023, 17:31:22 UTC
Previous filing
03 Feb 2023
Next filing
27 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ERII Common Stock Sale $22,458 -987 -1.5% $22.75 62,873 03 Feb 2023 Direct F1, F2
holding ERII Common Stock 5,230 03 Feb 2023 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 $22.51 to $22.89 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.

Remarks:

Exhibit 24