Joshua Ballard - 02 Jan 2024 Form 4 Insider Report for Energy Recovery, Inc. (ERII)

Role
Chief Financial Officer
Signature
/s/ William Yeung, Attorney-in-Fact for Joshua Ballard
Issuer symbol
ERII
Transactions as of
02 Jan 2024
Net transactions value
-$231,812
Form type
4
Filing time
04 Jan 2024, 17:02:17 UTC
Previous filing
14 Sep 2023
Next filing
05 Feb 2024
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 $47,500 +6,250 +14% $7.60 52,402 02 Jan 2024 Direct
transaction ERII Common Stock Sale $115,625 -6,250 -12% $18.50 46,152 02 Jan 2024 Direct
transaction ERII Common Stock Options Exercise $47,500 +6,250 +14% $7.60 52,402 03 Jan 2024 Direct
transaction ERII Common Stock Sale $116,188 -6,250 -12% $18.59 46,152 03 Jan 2024 Direct

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 $47,500 -6,250 -30% $7.60 14,550 02 Jan 2024 Common Stock 6,250 $7.60 Direct F1, F2
transaction ERII Employee Stock Option (Right to Buy) Options Exercise $47,500 -6,250 -43% $7.60 8,300 03 Jan 2024 Common Stock 6,250 $7.60 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This employee stock option was awarded on January 31, 2019 and was fully vested on January 31, 2023.
F2 These transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 13, 2023.

Remarks:

Exhibit 24.