Filing Details
- Accession Number:
- 0001437749-20-001826
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-02-05 19:32:05
- Reporting Period:
- 2020-02-03
- Accepted Time:
- 2020-02-05 19:32:05
- 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 |
|---|---|---|---|---|---|---|---|
| 1668414 | Eric Siebert | C/O Energy Recovery 1717 Doolittle Drive San Leandro CA 94577 | Vp, Oil And Gas | 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 | Disposition | 2020-02-03 | 4,266 | $10.25 | 72,105 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2020-02-05 | 11,446 | $2.61 | 83,551 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-02-05 | 11,446 | $10.53 | 72,105 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | F | 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 | 2020-02-05 | 11,446 | $0.00 | 11,446 | $2.61 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 75,000 | 2025-06-08 | No | 4 | M | Direct |
Footnotes
- Payment of tax obligation by selling securities incident to the vesting of securities in accordance with Rule 16b-3(e).
- Represents the weighted average stock price of the shares sold to cover tax obligation for restricted stock unit award vesting. 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 transaction was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 12, 2019.
- This figure is the weighted average sales price of multiple transactions. 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 June 8, 2015. All of the options are fully vested and exercisable.
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