Joshua Ballard - Jan 2, 2024 Form 4 Insider Report for Energy Recovery, Inc. (ERII)

Role
Chief Financial Officer
Signature
/s/ William Yeung, Attorney-in-Fact for Joshua Ballard
Stock symbol
ERII
Transactions as of
Jan 2, 2024
Transactions value $
-$231,813
Form type
4
Date filed
1/4/2024, 05:02 PM
Previous filing
Sep 14, 2023
Next filing
Feb 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ERII Common Stock Options Exercise $47.5K +6.25K +13.54% $7.60 52.4K Jan 2, 2024 Direct
transaction ERII Common Stock Sale -$116K -6.25K -11.93% $18.50 46.2K Jan 2, 2024 Direct
transaction ERII Common Stock Options Exercise $47.5K +6.25K +13.54% $7.60 52.4K Jan 3, 2024 Direct
transaction ERII Common Stock Sale -$116K -6.25K -11.93% $18.59 46.2K Jan 3, 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 -$47.5K -6.25K -30.05% $7.60 14.6K Jan 2, 2024 Common Stock 6.25K $7.60 Direct F1, F2
transaction ERII Employee Stock Option (Right to Buy) Options Exercise -$47.5K -6.25K -42.96% $7.60 8.3K Jan 3, 2024 Common Stock 6.25K $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.