Energy Recovery, Inc. 4
4 · Energy Recovery, Inc. · Filed Feb 16, 2017
Insider Transaction Report
Form 4
Gay Joel
CFO
Transactions
- Award
Common Stock
2017-02-10$9.90/sh+25,252$249,995→ 72,721 total - Award
Stock Option (Right to Buy)
2017-02-10+122,810→ 751,054 totalExercise: $9.90Exp: 2027-02-10→ Common Stock (122,810 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, 2nd, 3rd, and 4th anniversary of the vesting start date of 02/10/2017.
- [F2]25% of these options fully vest on the 1st anniversary of the vesting start date of 02/10/2017; thereafter, the remaining 75% vest 1/36th per month.