Gannon Chris M 4
4 · Energy Recovery, Inc. · Filed Feb 5, 2019
Insider Transaction Report
Form 4
Transactions
- Tax Payment
Common Stock
2019-02-05$7.77/sh−1,660$12,900→ 77,859 total - Tax Payment
Common Stock
2019-02-04$7.74/sh−2,258$17,487→ 79,519 total - Award
Common Stock
2019-02-02$7.87/sh+19,059$149,994→ 83,545 total - Tax Payment
Common Stock
2019-02-05$8.43/sh−1,768$14,902→ 81,777 total - Award
Employee Stock Option (Right to Buy)
2019-02-02$7.87/sh+95,622$752,545→ 95,622 totalExercise: $7.87Exp: 2029-02-02→ Common Stock (95,622 underlying)
Footnotes (7)
- [F1]Each restricted stock unit represents the right to receive, at settlement, one (1) share of Common Stock
- [F2]The restricted stock unit award was granted on February 2, 2019 and vests 25% on each of the first four anniversary of the grant date.
- [F3]Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
- [F4]Represents the weighted average stock price of the shares withheld to cover tax obligation for restricted stock unit award vesting.
- [F5]Payment of tax obligation by selling securities incident to the vesting of securities in accordance with Rule 16b-3(e).
- [F6]Represents the weighted average stock price of the shares sold to cover tax obligation for restricted stock unit award vesting.
- [F7]This employee stock option was granted on February 2, 2019, 25% of the shares will vest on the 1st anniversary of the vesting commencement date, thereafter, the remaining 75% vest 1/36th per month.