Arve Hanstveit - Jun 8, 2023 Form 4 Insider Report for Energy Recovery, Inc. (ERII)

Role: Director
Signature: /s/ William Yeung Attorney-in-fact for Arve Hanstveit
Stock symbol: ERII
Transactions as of: Jun 8, 2023
Transactions value $: $99,981
Form type: 4
Date filed: 6/12/2023, 04:38 PM
Previous filing: Jun 5, 2023
Next filing: Jun 23, 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ERII	Common Stock	Award	$100K	+3.7K	+0.43%	$27.00	872K	Jun 8, 2023	Direct	F1, F2
holding	ERII	Common Stock						120K	Jun 8, 2023	Children	F3

Showing 1 to 2 of 2 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents the right to receive, at settlement, one (1) share of the Company's common stock.
F2	The stock options will fully vest and become exercisable on the 2024 Annual Meeting date, anticipated to be on or about June 6, 2024.
F3	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.

Remarks:

Exhibit 24