SMITH LENOX SHARON E 4
4 · Energy Recovery, Inc. · Filed Dec 13, 2017
Insider Transaction Report
Form 4
SMITH LENOX SHARON E
Controller
Transactions
- Exercise/Conversion
Common Stock
2017-12-13$6.00/sh+2,000$12,000→ 11,614 total - Sale
Common Stock
2017-12-13$11.00/sh−2,000$22,000→ 9,614 total - Tax Payment
Common Stock
2017-12-13$8.40/sh−1,027$8,627→ 8,587 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2017-12-13$11.00/sh−2,000$22,000→ 40,000 totalExercise: $6.00Exp: 2024-03-11→ Common Stock (2,000 underlying)
Footnotes (2)
- [F1]Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
- [F2]This employee stock option was granted on March 12, 2014. 25% of the shares fully vest on the 1st anniversary of the vesting start date; thereafter, the remaining 75%, vest 1/36th per month.