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Energy Recovery, Inc.·4

Jan 29, 5:47 PM ET

Moon David W 4

4 · Energy Recovery, Inc. · Filed Jan 29, 2024

Insider Transaction Report

Form 4
Period: 2024-01-25
Energy Recovery, Inc.ERII
Moon David W
DirectorPresident and CEO
Transactions
  • Award

    Common Stock

    2024-01-25+80,445→ 98,910 total
  • Award

    Employee Stock Option (Right to Buy)

    2024-01-25$16.16/sh+194,785$3,147,726→ 194,785 total
    Exercise: $16.16→ Stock Option (Right to Buy) (194,785 underlying)
Footnotes (4)
  • [F1]These employee restricted stock units were granted on the transaction date. 25% of the restricted stock units will vest on the first four anniversaries of the grant date.
  • [F2]Each restricted stock unit represents the right to receive, at settlement, one (1) share of the Company's common stock.
  • [F3]This employee stock option was granted on the transaction date. 25% of the options will vest on the 1st anniversary of the grant date; thereafter, the remaining 75% vest 1/36th per month.
  • [F4]This employee stock option expires 10-years from grant date.

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