Clemente Rodney's Form 4 filing
Energy Recovery, Inc. (ERII) · filed Aug 29, 2023
- Accession no.
- 0001421517-23-000150
- Filed
- Aug 29, 2023
- Trade date
- Aug 25, 2023
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 4 non-derivative transactions and 3 derivative transactions. Open-market sales total $848.0K. It was filed 4 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 |
|---|---|
| Clemente RodneyCIK 0001668422 | Officer (SVP, Water) |
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 |
|---|---|---|---|---|---|---|---|---|
| Aug 25, 2023 | Common Stock | MOption exerciseAcquired | +9,278 | $7.50 | +$69,585 | 65,179 | Direct | |
| Aug 25, 2023 | Common Stock | MOption exerciseAcquired | +15,663 | $7.60 | +$119,038.8 | 80,842 | Direct | |
| Aug 25, 2023 | Common Stock | MOption exerciseAcquired | +6,432 | $10.21 | +$65,670.72 | 87,274 | Direct | |
| Aug 25, 2023 | Common Stock | SSaleDisposed | −31,373 | $27.03F1 | −$848,012.19 | 55,901 | 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 |
|---|---|---|---|---|---|---|---|---|
| Aug 25, 2023 | Common Stock | MOption exerciseDisposed | −9,278 | $7.50 | −$69,585 | 0 | Direct | |
| Aug 25, 2023 | Common Stock | MOption exerciseDisposed | −15,663 | $7.60 | −$119,038.8 | 0 | Direct | |
| Aug 25, 2023 | Common Stock | MOption exerciseDisposed | −6,432 | $10.21 | −$65,670.72 | 13,718 | 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 $26.785 to $27.370 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