Filing Details

Accession Number:
0001421517-22-000153
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-11-18 16:14:26
Reporting Period:
2022-11-16
Accepted Time:
2022-11-18 16:14:26
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
1430122 Arve Hanstveit C/O Energy Recovery, Inc.
1717 Doolittle Drive
San Leandro CA 94577
Yes No 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 2022-11-16 17,236 $5.43 901,588 No 4 M Direct
Common Stock Disposition 2022-11-16 17,236 $20.93 884,352 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2022-11-16 17,236 $5.43 17,236 $5.43
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2023-09-03 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 120,000 Indirect Children
Footnotes
  1. This figure is the weighted average sales price of multiple trades ranging from $20.80 to $21.06 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.
  2. The Issuer's common shares reported on this Form 4 as beneficially owned by Mr. Hanstveit include 120,000 common shares that were previously transferred to two trusts for the benefit of his children. Mr. Hanstveit serves as co-trustee of each of these trusts.
  3. The shares are fully vested and exercisable.