Foda Sherif's Form 4 filing
Energy Recovery, Inc. (ERII) · filed Sep 16, 2022
- Accession no.
- 0001421517-22-000137
- Filed
- Sep 16, 2022
- Trade date
- Sep 14, 2022
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market sales total $404.9K. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Foda SherifCIK 0001580690 | Director |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Sep 14, 2022 | Common Stock | MOption exerciseAcquired | +15,879 | $8.49 | +$134,812.71 | 25,498 | Direct | |
| Sep 14, 2022 | Common Stock | SSaleDisposed | −15,879 | $25.50F1 | −$404,914.5 | 9,619 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Sep 14, 2022 | Common Stock | MOption exerciseDisposed | −15,879 | $8.49 | −$134,812.71 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
This figure is the weighted average sales price of multiple trades ranging from $25.50 to $25.51 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.
Referenced by the price of 1 transaction in Table I.
Remarks
Exhibit 24