Filing Details
- Accession Number:
- 0001437749-20-003292
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-02-21 21:06:54
- Reporting Period:
- 2020-02-19
- Accepted Time:
- 2020-02-21 21:06:54
- 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 |
|---|---|---|---|---|---|---|---|
| 1544254 | Nocair Bensalah | C/O Energy Recovery, Inc. 1717 Doolittle Drive San Leandro CA 94577 | Vp Operations | 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 | 2020-02-19 | 1,604 | $2.75 | 60,568 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-02-19 | 1,604 | $11.00 | 58,964 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2020-02-20 | 1,124 | $2.75 | 60,088 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-02-20 | 1,124 | $11.01 | 58,964 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2020-02-20 | 16,042 | $2.75 | 75,006 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-02-20 | 16,042 | $11.01 | 58,964 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2020-02-21 | 1,799 | $2.75 | 60,763 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-02-21 | 1,799 | $11.02 | 58,964 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2020-02-21 | 97 | $10.42 | 58,867 | No | 4 | F | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | F | 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 | 2020-02-19 | 1,604 | $0.00 | 1,604 | $2.75 |
| Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2020-02-20 | 1,124 | $0.00 | 1,124 | $2.75 |
| Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2020-02-20 | 16,042 | $0.00 | 16,042 | $2.75 |
| Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2020-02-21 | 1,799 | $0.00 | 1,799 | $2.75 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1,124 | 2025-03-10 | No | 4 | M | Direct | |
| 0 | 2025-03-10 | No | 4 | M | Direct | |
| 3,473 | 2025-03-10 | No | 4 | M | Direct | |
| 1,674 | 2025-03-10 | No | 4 | M | Direct |
Footnotes
- This transaction was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on November 15, 2019.
- This figure is the weighted average sales price of multiple trades ranging from $11.00 to $11.07 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 $11.00 to $11.05 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.
- Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
- This employee stock option was granted on March 10, 2015. All of the options are fully vested and exercisable.
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