William Yeung - Feb 3, 2023 Form 4 Insider Report for Energy Recovery, Inc. (ERII)

Role: Chief Legal Officer
Signature: /s/ William Yeung
Stock symbol: ERII
Transactions as of: Feb 3, 2023
Transactions value $: -$19,022
Form type: 4
Date filed: 2/7/2023, 05:31 PM
Previous filing: Feb 3, 2023
Next filing: Mar 13, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ERII	Common Stock	Sale	-$19K	-836	-1.07%	$22.75	77.5K	Feb 3, 2023	Direct	F1, F2
holding	ERII	Common Stock						5.57K	Feb 3, 2023	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 $21.62 to $22.13 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.

Content

Payment of tax obligation by selling securities incident to the vesting of securities in accordance with Rule 16b-3(e).

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 $21.62 to $22.13 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.