Farshad Ghasripoor - 29 Aug 2023 Form 4 Insider Report for Energy Recovery, Inc. (ERII)

Role
Chief Technology Officer
Signature
/s/ William Yeung, Attorney-in-Fact for Farshad Ghasripoor
Issuer symbol
ERII
Transactions as of
29 Aug 2023
Net transactions value
-$1,427,424
Form type
4
Filing time
31 Aug 2023, 18:01:02 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 $114,982 +15,331 +19% $7.50 97,143 29 Aug 2023 Direct
transaction ERII Common Stock Options Exercise $272,080 +35,800 +37% $7.60 132,943 29 Aug 2023 Direct
transaction ERII Common Stock Sale $1,427,424 -51,131 -38% $27.92 81,812 29 Aug 2023 Direct F1
holding ERII Common Stock 5,230 29 Aug 2023 JT with Spouse

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 $114,982 -15,331 -100% $7.50 0 29 Aug 2023 Common Stock 15,331 $7.50 Direct F2
transaction ERII Employee Stock Option (Right to Buy) Options Exercise $272,080 -35,800 -100% $7.60 0 29 Aug 2023 Common Stock 35,800 $7.60 Direct F3
* 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 $27.870 to $28.020 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.

Remarks:

Exhibit 24