Hanstveit Arve 4
4 · Energy Recovery, Inc. · Filed Jun 12, 2023
Insider Transaction Report
Form 4
Hanstveit Arve
Director
Transactions
- Award
Common Stock
2023-06-08$27.00/sh+3,703$99,981→ 872,055 total
Holdings
- 120,000(indirect: By Children)
Common Stock
Footnotes (3)
- [F1]Each restricted stock unit represents the right to receive, at settlement, one (1) share of the Company's common stock.
- [F2]The stock options will fully vest and become exercisable on the 2024 Annual Meeting date, anticipated to be on or about June 6, 2024.
- [F3]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.