Energy Recovery, Inc. 4
4 · Energy Recovery, Inc. · Filed Feb 6, 2017
Insider Transaction Report
Form 4
STROUD ANDREW B JR
VP, Human Resources
Transactions
- Award
Stock Option (Right to Buy)
2017-02-02+17,891→ 160,913 totalExercise: $10.19Exp: 2027-02-02→ Common Stock (17,891 underlying) - Award
Common Stock
2017-02-02$10.19/sh+11,040$112,498→ 25,281 total
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 02/02/2017; 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 02/02/2017; thereafter, the remaining 75% vest 1/36th per month.