4//SEC Filing
STROUD ANDREW B JR 4
Accession 0001421517-18-000026
CIK 0001421517other
Filed
Feb 4, 7:00 PM ET
Accepted
Feb 5, 8:42 PM ET
Size
13.8 KB
Accession
0001421517-18-000026
Insider Transaction Report
Form 4
STROUD ANDREW B JR
VP, Human Resources
Transactions
- Award
Common Stock
2018-02-01$7.50/sh+15,000$112,500→ 37,842 total - Tax Payment
Common Stock
2018-02-05$7.77/sh−1,160$9,016→ 36,682 total - Award
Employee Stock Option (Right to Buy)
2018-02-01+26,023→ 26,023 totalExercise: $7.50Exp: 2028-02-01→ Common Stock (26,023 underlying) - Tax Payment
Common Stock
2018-02-01$9.56/sh−243$2,323→ 22,842 total
Footnotes (6)
- [F1]Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
- [F2]Represents the weighted average stock price of the shares withheld for each restricted stock unit award vesting.
- [F3]This restricted stock unit award was granted February 1, 2018 and vests 25% on each of the first four anniversaries of the grant date.
- [F4]Payment of tax obligation by selling securities incident to the vesting of securities in accordance with Rule 16b-3(e).
- [F5]Represents the weighted average stock price of the shares sold to cover tax obligation for restricted stock unit award vesting.
- [F6]This employee stock option was granted on February 1, 2018. 25% of the shares fully vest on the 1st anniversary of the vesting start date; thereafter, the remaining 75%, vest 1/36th per month.
Issuer
Energy Recovery, Inc.
CIK 0001421517
Entity typeother
Related Parties
1- filerCIK 0001182583
Filing Metadata
- Form type
- 4
- Filed
- Feb 4, 7:00 PM ET
- Accepted
- Feb 5, 8:42 PM ET
- Size
- 13.8 KB