Filing Details
- Accession Number:
- 0001437749-21-001936
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-02-03 21:44:43
- Reporting Period:
- 2021-02-01
- Accepted Time:
- 2021-02-03 21:44:43
- 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 |
|---|---|---|---|---|---|---|---|
| 1668422 | Rodney Clemente | C/O Energy Recovery 1717 Doolittle Drive San Leandro CA 94577 | Svp, Water | 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 | 2021-02-01 | 12,535 | $13.96 | 59,821 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2021-02-02 | 4,465 | $13.99 | 55,356 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2021-02-03 | 1,022 | $13.96 | 54,334 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2021-02-03 | 9,748 | $13.88 | 44,586 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | F | Direct | |
| No | 4 | F | 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) | Acquisiton | 2021-02-01 | 33,519 | $0.00 | 33,519 | $13.96 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 33,519 | 2031-02-01 | No | 4 | A | Direct |
Footnotes
- Each restricted stock unit represents the right to receive, at settlement, one (1) share of the Company's Common Stock.
- The restricted stock unit was granted on February 1, 2021 and vests 25% on each of the first four anniversaries of the grant date.
- Payment of tax obligation by selling securities incident to the vesting of securities in accordance with Rule 16b-3(e).
- This figure is the weighted average sales price of multiple trades ranging from $13.89 to $14.10 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 figure is the weighted average sales price of multiple trades ranging from $13.81 to $14.02 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 transaction was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on December 14, 2020.
- This figure is the weighted average sales price of multiple trades ranging from $13.73 to $14.03 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 February 1, 2021. 25% of the options will vest on the 1st anniversary of the grant date; thereafter, the remaining 75% vest 1/36th per month.
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