Form 4 for ERII Energy Recovery, Inc.
Accepted 2023-02-03 00:00:00 ET · period of report 2023-02-01 · accession 0001421517-23-000021 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-02-03 | 2023-02-01 | ERII | Ballard Joshua | CFO | M - OptEx | $7.60 | +15.0K | 45.9K | +49% | +$114.0K |
| DM | 2023-02-03 | 2023-02-01+ | ERII | Ballard Joshua | CFO | S - Sale+OE | $21.97 | -17.1K | 28.7K | -37% | -$376.5K |
| D | 2023-02-03 | 2023-02-01 | ERII | Ballard Joshua | CFO | M - OptEx | $7.60 | -15.0K | 20.7K | -42% | -$114.0K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-02-01 | M | A | 15,000 | $7.60 | 45,850 | D | — | — | (F1) These transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. |
| 2 | Common | Common Stock | 2023-02-01 | S | D | 15,000 | $21.88 | 30,850 | D | — | — | (F1) These transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. (F2) This figure is the weighted average sales price of multiple trades ranging from $21.40 to $22.50 per share. The Reporting Person undertakes to provide the SEC Staff, Energy Recovery, Inc. or a shareholder of Energy Recovery, Inc. full information about the number of shares sold at each separate price upon request. |
| 3 | Common | Common Stock | 2023-02-02 | S | D | 2,138 | $22.57 | 28,712 | D | — | — | (F3) Payment of tax obligation by selling securities incident to the vesting of securities in accordance with Rule 16b-3(e). (F4) Represents the weighted average stock price of the shares sold to cover tax obligation for restricted stock unit award vesting. The weighted average sales price includes multiple trades ranging from $22.38 to $22.77 per share. The Reporting Person undertakes to provide the SEC Staff, Energy Recovery, Inc. or a shareholder of Energy Recovery, Inc. full information about the number of shares sold at each separate price upon request. |
| 4 | Derivative | Employee Stock Option (Right to Buy) | 2023-02-01 | M | D | 15,000 | $7.60 | 20,737 | D | $7.60 · — to 2029-01-31 | 15,000 Common Stock | (F1) These transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. (F5) This employee stock option was granted on January 31, 2019 and the shares exercised was fully vested by the transaction date. |