Energy Recovery, Inc. 4
4 · Energy Recovery, Inc. · Filed Oct 3, 2014
Insider Transaction Report
Form 4
Gay Joel
CFO
Transactions
- Award
Stock Option (Right to Buy)
2014-10-01+100,000→ 242,000 totalExercise: $3.31Exp: 2024-10-01→ Common Stock (100,000 underlying)
Footnotes (1)
- [F1]These options granted on 10/1/2014 are the second tranche of options granted to Mr. Gay as part of his promotion to CFO. 25% of the shares fully vest on the 1st anniversary of the vesting start date of 06/27/2014 (date of promotion); thereafter, the remaining 75% vest 1/36th per month.