SMITH LENOX SHARON E 4
4 · Energy Recovery, Inc. · Filed Mar 18, 2019
Insider Transaction Report
Form 4
SMITH LENOX SHARON E
Controller
Transactions
- Exercise/Conversion
Common Stock
2019-03-14$6.00/sh+12,500$75,000→ 24,182 total - Sale
Common Stock
2019-03-14$9.00/sh−12,500$112,503→ 11,682 total - Tax Payment
Common Stock
2019-03-18$8.36/sh−101$844→ 11,581 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2019-03-14−12,500→ 26,182 totalExercise: $6.00Exp: 2024-03-12→ Common Stock (12,500 underlying)
Footnotes (4)
- [F1]This transaction was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 13, 2018.
- [F2]This figure is the weighted average sales price of multiple trades ranging from $9.0000 to $9.0200 per share. The Reporting Person undertakes to provide the SEC Staff, ERI or a shareholder of ERI full information about the number of shares sold at each separate price upon request.
- [F3]Payment of tax obligation by withholding securities incident to the vesting of the securities in accordance with Rule 16b-3(e).
- [F4]This employee stock option was granted on March 12, 2014. All of the options are fully vested and exercisable.