Arve Hanstveit - 28 Feb 2024 Form 4 Insider Report for Energy Recovery, Inc. (ERII)

Role
Director
Signature
/s/ William Yeung Attorney-in-fact for Arve Hanstveit
Issuer symbol
ERII
Transactions as of
28 Feb 2024
Net transactions value
-$774,600
Form type
4
Filing time
01 Mar 2024, 17:14:23 UTC
Previous filing
23 Jun 2023
Next filing
10 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ERII Common Stock Sale $774,600 -50,000 -5.8% $15.49 807,055 28 Feb 2024 Direct F1
holding ERII Common Stock 120,000 28 Feb 2024 Children F2
* 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 $15.265 to $15.67 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 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