Smith Emily 4
4 · Energy Recovery, Inc. · Filed Jul 18, 2019
Insider Transaction Report
Form 4
Smith Emily
VP, Marketing
Transactions
- Exercise/Conversion
Common Stock
2019-07-16$2.14/sh+5,000$10,700→ 53,432 total - Sale
Common Stock
2019-07-16$12.00/sh−5,000$60,000→ 48,432 total - Tax Payment
Common Stock
2019-07-18$10.20/sh−229$2,336→ 48,203 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
2019-07-16−5,000→ 35,000 totalExercise: $2.14Exp: 2025-09-30→ Common Stock (5,000 underlying)
Footnotes (4)
- [F1]This transaction was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 14, 2018.
- [F2]Payment of tax obligation by withholding securities incident to the vesting of the securities in accordance with Rule 16b-3(e).
- [F3]Represents the weighted average stock price of the shares withheld to cover the tax obligation for each restricted stock unit award vesting.
- [F4]This employee stock option was granted on 09/30/2015. 25% of the shares full vest on the 1st anniversary of the vesting start date; thereafter, the remaining 75% vesting 1/36th per month.