4//SEC Filing
Energy Recovery, Inc. 4
Accession 0001437749-16-039084
$ERIICIK 0001421517operating
Filed
Sep 22, 8:00 PM ET
Accepted
Sep 23, 4:34 PM ET
Size
18.3 KB
Accession
0001437749-16-039084
Insider Transaction Report
Form 4
STROUD ANDREW B JR
VP, Human Resources
Transactions
- Disposition to Issuer
Common Stock
2016-09-21$16.00/sh−8,418$134,688→ 14,241 total - Exercise of In-Money
Stock Option (Right to Buy)
2016-09-21−7,655→ 159,094 totalExercise: $2.75Exp: 2025-03-09→ Common Stock (7,655 underlying) - Exercise/Conversion
Common Stock
2016-09-21$2.75/sh+7,655$21,051→ 21,896 total - Exercise/Conversion
Common Stock
2016-09-21$5.91/sh+8,418$49,750→ 22,659 total - Disposition to Issuer
Common Stock
2016-09-21$16.00/sh−7,654$122,464→ 14,241 total - Disposition to Issuer
Common Stock
2016-09-21$15.00/sh−7,655$114,825→ 14,241 total - Exercise/Conversion
Common Stock
2016-09-21$2.75/sh+7,654$21,049→ 21,895 total - Exercise of In-Money
Stock Option (Right to Buy)
2016-09-21−7,654→ 151,440 totalExercise: $2.75Exp: 2025-03-09→ Common Stock (7,654 underlying) - Exercise of In-Money
Stock Option (Right to Buy)
2016-09-21−8,418→ 143,022 totalExercise: $5.91Exp: 2024-06-20→ Common Stock (8,418 underlying)
Footnotes (3)
- [F1]The options were exercised in accordance with an approved 10b5-1 plan dated 8/11/16. These options were originally granted as part of a larger option award on 3/10/2015. 25% of the option award became vested on the 1st anniversary of the vesting start date of 03/10/2015; thereafter, the remaining 75% vest 1/36th per month. The entire award may become fully vested on 03/10/2019.
- [F2]The options were exercised in accordance with an approved 10b5-1 plan dated 8/11/16. These options were originally granted as part of a larger option award on 3/10/2015. 25% of the option award became vested on the 1st anniversary of the vesting start date of 03/10/2015; thereafter, the remaining 75% vest 1/36th per month. The entire award may become fully vested on 03/10/2019
- [F3]The options were exercised in accordance with an approved 10b5-1 plan dated 8/11/16. These options were originally granted as part of a larger option award on 6/20/2014. 25% of the option award became vested on the 1st anniversary of the vesting start date of 06/20/2014; thereafter, the remaining 75% vest 1/36th per month. The entire award may become fully vested on 06/20/2018.
Documents
Issuer
Energy Recovery, Inc.
CIK 0001421517
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001421517
Filing Metadata
- Form type
- 4
- Filed
- Sep 22, 8:00 PM ET
- Accepted
- Sep 23, 4:34 PM ET
- Size
- 18.3 KB