Energy Recovery, Inc. 4
4 · Energy Recovery, Inc. · Filed Mar 10, 2016
Insider Transaction Report
Form 4
Otero Juan
Corporate Counsel & Secretary
Transactions
- Award
Common Stock
2016-03-08+14,241→ 20,956 total - Award
Stock Option (Right to Buy)
2016-03-08+23,623→ 255,280 totalExercise: $8.52Exp: 2026-03-08→ Common Stock (23,623 underlying)
Footnotes (2)
- [F1]Restricted Stock Units which represent a contingent right to receive shares of common stock. 25% of these restricted stock units fully vest on the 1st anniversary of the vesting start date of 03/8/2016; thereafter, the remaining 75% vest 1/36th per month.
- [F2]25% of these options fully vest on the 1st anniversary of the vesting start date of 03/8/2016; thereafter, the remaining 75% vest 1/36th per month.