Filing Details
- Accession Number:
- 0001421517-18-000141
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-10-03 18:34:15
- Reporting Period:
- 2018-10-01
- Accepted Time:
- 2018-10-03 18:34:15
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1421517 | Energy Recovery Inc. | ERII | Special Industry Machinery, Nec (3559) | 010616867 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1544254 | Nocair Bensalah | C/O Energy Recovery, Inc. 1717 Doolittle Drive San Leandro CA 94577 | Vp Of Operations | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2018-10-01 | 31,404 | $2.75 | 95,000 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-10-01 | 31,404 | $8.77 | 63,596 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2018-10-01 | 854 | $8.74 | 62,742 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2018-10-02 | 45,956 | $2.75 | 108,698 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-10-02 | 45,956 | $8.79 | 62,742 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2018-10-03 | 884 | $2.75 | 63,626 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-10-03 | 884 | $8.79 | 62,742 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2018-10-01 | 31,404 | $0.00 | 31,404 | $2.75 |
| Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2018-10-02 | 45,956 | $0.00 | 45,956 | $2.75 |
| Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2018-10-03 | 884 | $0.00 | 884 | $2.75 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 102,052 | 2025-03-09 | No | 4 | M | Direct | |
| 56,096 | 2025-03-09 | No | 4 | M | Direct | |
| 55,212 | 2025-03-09 | No | 4 | M | Direct |
Footnotes
- This transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 10, 2018.
- This figure is the weighted average sales price of multiple trades ranging from $8.7300 to $8.8600 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.
- Payment of tax obligation by withholding securities incident to the vesting of the securities in accordance with Rule 16b-3(e)
- This figure is the weighted average stock price of the shares withheld for each restricted stock unit award vesting.
- The figure is the weighted average sales price of multiple trades ranging from $8.6800 to $8.8400 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.
- This employee stock option was granted on March 10, 2015. 25% of the shares fully vest on the 1st anniversary of the vesting start date; thereafter, the remaining 75%, vest 1/36th per month.
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