Michael S. Mancini - Aug 5, 2024 Form 4 Insider Report for Energy Recovery, Inc. (ERII)

Role
Chief Financial Officer
Signature
/s/ William Yeung, Attorney-in-Fact for Michael S. Mancini
Stock symbol
ERII
Transactions as of
Aug 5, 2024
Transactions value $
$3,676,032
Form type
4
Date filed
8/7/2024, 05:13 PM

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) Award $3.68M +229K $16.03 229K Aug 5, 2024 Common Stock 229K $16.03 Direct F1
* 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 granted on the transaction date. 25% of the options will vest on the 1st anniversary of the grant date; thereafter, the remaining 75% will vest 1/36th per month.

Remarks:

Exhibit 24