Arve Hanstveit - 06 Jun 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
06 Jun 2024
Net transactions value
-$263,950
Form type
4
Filing time
10 Jun 2024, 16:34:24 UTC
Previous filing
10 May 2024
Next filing
17 Dec 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 Award $0 +11,127 +1.4% $0.000000 783,182 06 Jun 2024 Direct F1
transaction ERII Common Stock Sale $263,950 -20,000 -2.6% $13.20 763,182 07 Jun 2024 Direct F2
holding ERII Common Stock 60,000 06 Jun 2024 Sophie Hanstveit Irrevocable Trust F3
holding ERII Common Stock 60,000 06 Jun 2024 Natasha Hanstveit Irrevocable Trust F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock unit will fully vest on the 2025 Annual Meeting date, anticipated to be on or about June 5, 2025.
F2 This figure is the weighted average sales price of multiple trades ranging from $13.11 to $13.26 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.
F3 Mr. Hanstveit is sole trustee and exercises sole voting and investment power.

Remarks:

Exhibit 24