Bensalah Nocair 4
4 · Energy Recovery, Inc. · Filed Feb 4, 2020
Insider Transaction Report
Form 4
Bensalah Nocair
VP of Manufacturing
Transactions
- Award
Employee Stock Option (Right to Buy)
2020-01-31+20,097→ 20,097 totalExercise: $10.21Exp: 2030-01-31→ Common Stock (20,097 underlying) - Award
Common Stock
2020-01-31$10.21/sh+11,753$119,998→ 63,268 total
Footnotes (3)
- [F1]Each restricted stock unit represents the right to receive, at settlement, one (1) share of the Company's Common Stock.
- [F2]The restricted stock unit was granted on January 31, 2020 and vests 25% on each of the first four anniversaries of the grant date.
- [F3]This employee stock option was granted on January 31, 2020. 25% of the options will vest on the 1st anniversary of the grant date; thereafter, the remaining 75% vest 1/36th per month.