| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ERII | Common Stock | Options Exercise | $131,812 | +15,327 | +1.8% | $8.60 | 883,679 | 01 Jun 2023 | Direct | |
| transaction | ERII | Common Stock | Sale | $363,697 | -15,327 | -1.7% | $23.73 | 868,352 | 01 Jun 2023 | Direct | F1 |
| holding | ERII | Common Stock | 120,000 | 01 Jun 2023 | 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 | $131,812 | -15,327 | -100% | $8.60 | 0 | 01 Jun 2023 | Common Stock | 15,327 | $8.60 | Direct | F3 |
| Id | Content |
|---|---|
| F1 | This figure is the weighted average sales price of multiple trades ranging from $23.86 to $23.97 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. |