Form 4 for ERII Energy Recovery, Inc.
Accepted 2021-09-17 00:00:00 ET · period of report 2021-09-15 · accession 0001567619-21-017262 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2021-09-17 | 2021-09-15 | ERII | Lorentzen Ole Peter | 10% | S - Sale | $20.81 | -1.50M | 5.16M | -23% | -$31.21M |
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 | 2021-09-15 | S | D | 1,500,000 | $20.81 | 5,155,239 | I See Note | — | — | (F1) The filing persons of this Form 4 are Ole Peter Lorentzen, who is the controlling shareholder of Ludvig Lorentzen AS, and Sobral AS, a wholly owned subsidiary of Ludvig Lorentzen AS. The sale reported on this Form 4 was made pursuant to a registration statement on Form S-3 (File No. 333-233730). After giving effect to the sale reported on this Form 4, the shares of common stock beneficially owned by Mr. Lorentzen include 4,714,905 shares of common stock held by Sobral AS, no shares held by Ludvig Lorentzen AS, and 440,334 shares of common stock held in other accounts controlled by Mr. Lorentzen. The filing persons disclaim beneficial ownership of the securities reported on this Form 4 except to the extent of their pecuniary interest therein. |