David W. Moon - 07 May 2024 Form 4 Insider Report for Energy Recovery, Inc. (ERII)

Signature
/s/ William Yeung, Attorney-in-Fact for David W. Moon
Issuer symbol
ERII
Transactions as of
07 May 2024
Net transactions value
+$141,288
Form type
4
Filing time
09 May 2024, 17:04:23 UTC
Previous filing
29 Feb 2024
Next filing
20 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ERII Common Stock Purchase $141,288 +10,500 +55% $13.46 29,750 07 May 2024 David and Rhonda Moon JCP F1
transaction ERII Common Stock Disposed to Issuer $0 -8,040 -8.1% $0.000000 90,870 07 May 2024 Direct 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 purchase price of multiple trades ranging from $13.34 to $13.47 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 purchased at each separate price upon request.
F2 Reflects the cancellation of 8,040 unvested restricted stock units for no consideration prior to vesting in connection with participant's acceptance of employment as the Issuer's permanent CEO and President in January 2024 and in accordance with the vesting condition specified in the applicable award agreement.

Remarks:

Exhibit 24