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Filing Details

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
1751098	Joshua Ballard	C/O Energy Recovery, Inc. 1717 Doolittle Drive San Leandro CA 94577	Chief Financial Officer	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
Common Stock	Acquisiton	2023-02-01	15,000	$7.60	45,850	No	4	M	Direct
Common Stock	Disposition	2023-02-01	15,000	$21.88	30,850	No	4	S	Direct
Common Stock	Disposition	2023-02-02	2,138	$22.57	28,712	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	S	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	2023-02-01	15,000	$7.60	15,000	$7.60

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
20,737		2029-01-31	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	700	Indirect	JT with Spouse

Footnotes

These transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
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.
Payment of tax obligation by selling securities incident to the vesting of securities in accordance with Rule 16b-3(e).
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.
This employee stock option was granted on January 31, 2019 and the shares exercised was fully vested by the transaction date.