Ballard Joshua 4

4 · Energy Recovery, Inc. · Filed Feb 3, 2023

Form 4

Period: 2023-02-01

Chief Financial Officer

Transactions

Sale
Common Stock
2023-02-02$22.57/sh−2,138$48,263→ 28,712 total
Exercise/Conversion
Common Stock
2023-02-01$7.60/sh+15,000$114,000→ 45,850 total
Exercise/Conversion
Employee Stock Option (Right to Buy)
2023-02-01$7.60/sh−15,000$114,000→ 20,737 total
Exercise: $7.60Exp: 2029-01-31→ Common Stock (15,000 underlying)
Sale
Common Stock
2023-02-01$21.88/sh−15,000$328,212→ 30,850 total

Holdings

Footnotes (5)

[F1]These transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
[F2]This figure is the weighted average sales price of multiple trades ranging from $21.40 to $22.50 per share. The Reporting Person undertakes to provide the SEC Staff, Energy Recovery, Inc. or a shareholder of Energy Recovery, Inc. full information about the number of shares sold at each separate price upon request.
[F3]Payment of tax obligation by selling securities incident to the vesting of securities in accordance with Rule 16b-3(e).
[F4]Represents the weighted average stock price of the shares sold to cover tax obligation for restricted stock unit award vesting. The weighted average sales price includes multiple trades ranging from $22.38 to $22.77 per share. The Reporting Person undertakes to provide the SEC Staff, Energy Recovery, Inc. or a shareholder of Energy Recovery, Inc. full information about the number of shares sold at each separate price upon request.
[F5]This employee stock option was granted on January 31, 2019 and the shares exercised was fully vested by the transaction date.

Documents

2 files