Rodney Clemente - 25 Aug 2023 Form 4 Insider Report for Energy Recovery, Inc. (ERII)

Role
SVP, Water
Signature
/s/ William Yeung, Attorney-in-Fact for Rodney Clemente
Issuer symbol
ERII
Transactions as of
25 Aug 2023
Net transactions value
-$848,106
Form type
4
Filing time
29 Aug 2023, 16:23:28 UTC
Previous filing
27 Jul 2023
Next filing
25 Oct 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 Options Exercise $69,585 +9,278 +17% $7.50 65,179 25 Aug 2023 Direct
transaction ERII Common Stock Options Exercise $119,039 +15,663 +24% $7.60 80,842 25 Aug 2023 Direct
transaction ERII Common Stock Options Exercise $65,671 +6,432 +8% $10.21 87,274 25 Aug 2023 Direct
transaction ERII Common Stock Sale $848,106 -31,373 -36% $27.03 55,901 25 Aug 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ERII Employee Stock Option (Right to Buy) Options Exercise $69,585 -9,278 -100% $7.50 0 25 Aug 2023 Common Stock 9,278 $7.50 Direct F2
transaction ERII Employee Stock Option (Right to Buy) Options Exercise $119,039 -15,663 -100% $7.60 0 25 Aug 2023 Common Stock 15,663 $7.60 Direct F3
transaction ERII Employee Stock Option (Right to Buy) Options Exercise $65,671 -6,432 -32% $10.21 13,718 25 Aug 2023 Common Stock 6,432 $10.21 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This figure is the weighted average sales price of multiple trades ranging from $26.785 to $27.370 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 This employee stock option was granted on February 1, 2018.
F3 This employee stock option was granted on January 31, 2019.
F4 This employee stock option was granted on January 31, 2020.

Remarks:

Exhibit 24