Form 4 for ERII Energy Recovery, Inc.
Accepted 2024-01-29 00:00:00 ET · period of report 2024-01-25 · accession 0001421517-24-000007 · 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 | 2024-01-29 | 2024-01-25 | ERII | Moon David W | Pres, CEO, Dir | A - Grant | $0.00 | +80.4K | 98.9K | +436% | $0 |
| D | 2024-01-29 | 2024-01-25 | ERII | Moon David W | Pres, CEO, Dir | A - Grant | $16.16 | +194.8K | 194.8K | New | +$3.15M |
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 | 2024-01-25 | A | A | 80,445 | $0.00 | 98,910 | D | — | — | (F1) These employee restricted stock units were granted on the transaction date. 25% of the restricted stock units will vest on the first four anniversaries of the grant date. (F2) Each restricted stock unit represents the right to receive, at settlement, one (1) share of the Company's common stock. |
| 2 | Derivative | Employee Stock Option (Right to Buy) | 2024-01-25 | A | A | 194,785 | $16.16 | 194,785 | D | $16.16 · — to — | 194,785 Stock Option (Right to Buy) | (F3) This employee stock option was granted on the transaction date. 25% of the options will vest on the 1st anniversary of the grant date; thereafter, the remaining 75% vest 1/36th per month. (F4) This employee stock option expires 10-years from grant date. |