STROUD ANDREW B JR 4
4 · Energy Recovery, Inc. · Filed Dec 4, 2017
Insider Transaction Report
Form 4
STROUD ANDREW B JR
VP, Human Resources
Transactions
- Exercise/Conversion
Common Stock
2017-11-30$2.75/sh+7,117$19,572→ 32,398 total - Sale
Common Stock
2017-11-30$11.00/sh−7,117$78,287→ 25,281 total - Tax Payment
Common Stock
2017-11-30$8.29/sh−2,196$18,205→ 23,085 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2017-11-30$11.00/sh−7,117$78,287→ 70,700 totalExercise: $2.75Exp: 2025-03-09→ Common Stock (7,117 underlying)
Footnotes (3)
- [F1]These transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 9, 2017.
- [F2]Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
- [F3]This employee stock option was granted on March 10, 2015. 25% of the shares fully vest on the 1st anniversary of the vesting start date; thereafter, the remaining 75%, vest 1/36th per month.