Ole Peter Lorentzen - Sep 15, 2021 Form 4 Insider Report for Energy Recovery, Inc. (ERII)

Role: 10%+ Owner
Signature: /s/ Ole Peter Lorentzen
Stock symbol: ERII
Transactions as of: Sep 15, 2021
Transactions value $: -$31,215,000
Form type: 4
Date filed: 9/17/2021, 04:41 PM
Previous filing: Jul 6, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ERII	Common Stock	Sale	-$31.2M	-1.5M	-22.54%	$20.81	5.16M	Sep 15, 2021	See Note	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Ole Peter Lorentzen is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	The filing persons of this Form 4 are Ole Peter Lorentzen, who is the controlling shareholder of Ludvig Lorentzen AS, and Sobral AS, a wholly owned subsidiary of Ludvig Lorentzen AS. The sale reported on this Form 4 was made pursuant to a registration statement on Form S-3 (File No. 333-233730). After giving effect to the sale reported on this Form 4, the shares of common stock beneficially owned by Mr. Lorentzen include 4,714,905 shares of common stock held by Sobral AS, no shares held by Ludvig Lorentzen AS, and 440,334 shares of common stock held in other accounts controlled by Mr. Lorentzen. The filing persons disclaim beneficial ownership of the securities reported on this Form 4 except to the extent of their pecuniary interest therein.

Content

The filing persons of this Form 4 are Ole Peter Lorentzen, who is the controlling shareholder of Ludvig Lorentzen AS, and Sobral AS, a wholly owned subsidiary of Ludvig Lorentzen AS. The sale reported on this Form 4 was made pursuant to a registration statement on Form S-3 (File No. 333-233730). After giving effect to the sale reported on this Form 4, the shares of common stock beneficially owned by Mr. Lorentzen include 4,714,905 shares of common stock held by Sobral AS, no shares held by Ludvig Lorentzen AS, and 440,334 shares of common stock held in other accounts controlled by Mr. Lorentzen. The filing persons disclaim beneficial ownership of the securities reported on this Form 4 except to the extent of their pecuniary interest therein.