Hanstveit Arve's Form 4 filing
Energy Recovery, Inc. (ERII) · filed Nov 18, 2022
- Accession no.
- 0001421517-22-000153
- Filed
- Nov 18, 2022
- Trade date
- Nov 16, 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 $360.7K. 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 |
|---|---|
| Hanstveit ArveCIK 0001430122 | 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 |
|---|---|---|---|---|---|---|---|---|
| Nov 16, 2022 | Common Stock | MOption exerciseAcquired | +17,236 | $5.43 | +$93,591.48 | 901,588 | Direct | |
| Nov 16, 2022 | Common Stock | SSaleDisposed | −17,236 | $20.93F1 | −$360,749.48 | 884,352 | 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 |
|---|---|---|---|---|---|---|---|---|
| Nov 16, 2022 | Common Stock | MOption exerciseDisposed | −17,236 | $5.43 | −$93,591.48 | 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 $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.
Referenced by the price of 1 transaction in Table I.
Remarks
Exhibit 24