Hanstveit Arve 4
4 · Energy Recovery, Inc. · Filed Jun 5, 2023
Insider Transaction Report
Form 4
Hanstveit Arve
Director
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2023-06-01$8.60/sh−15,327$131,812→ 0 totalExercise: $8.60Exp: 2026-06-23→ Common Stock (15,327 underlying) - Exercise/Conversion
Common Stock
2023-06-01$8.60/sh+15,327$131,812→ 883,679 total - Sale
Common Stock
2023-06-01$23.73/sh−15,327$363,697→ 868,352 total
Holdings
- 120,000(indirect: By Children)
Common Stock
Footnotes (3)
- [F1]This figure is the weighted average sales price of multiple trades ranging from $23.86 to $23.97 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.
- [F2]The Issuer's common shares reported on this Form 4 as beneficially owned by Mr. Hanstveit include 120,000 common shares that were previously transferred to two trusts for the benefit of his children. Mr. Hanstveit serves as co-trustee of each of these trusts.
- [F3]The shares are fully vested and exercisable.